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Two different designs on a new line of winter jackets for the coming winter are available for your manufacturing plants. Your profit (in thousands of

Two different designs on a new line of winter jackets for the coming winter are available for your

manufacturing plants. Your profit (in thousands of rands) will depend on the taste of the consumers

when winter arrives. The probability of the three possible different tastes of the consumers and the

corresponding profits are presented in the following table.

Probability Taste Design A Design B

Probability

Taste

Design A

Design B

0.2 0.5 0.3

more conservative

no change

more liberal

180

230

350

520

310

270

Referring to table, what is your expected profit when Design B is chosen?

(1) R256000

(2) R340000

(3) R180000

(4) R520000

(5) R350000

Answer give was (2) ?

Please can someone explain

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