If 12 dozen were bought for $90 that means each CD was bought at the price of $0.66
If he sold all 60 of the CD's for 5 for $12, he'd make $144.
Subtract the income by the original buying price to find his profit. $144 - $90
The peddler made $54 profit.
Considering a discrete distribution, it is found that the expected number of new employees to be hired by the airline is of 446.16.
<h3>What is the mean of a discrete distribution?</h3>
The expected value of a discrete distribution is given by the <u>sum of each outcome multiplied by it's respective probability</u>.
In this problem, considering the situation described in the text, the distribution is given by:
Hence, the expected value is given by:
E(X) = 0.37(867) + 0.63(199) = 446.16.
More can be learned about discrete distributions at brainly.com/question/24855677
Answer:
b
Step-by-step explanation:
