Mathematics, 29.04.2021 22:20, tshegofatso92

There are three cell phone models in a store. When selecting a new cell phone, 25% of the customers choose model eight, 33% choose model B, and 32% use model C. The remaining customers by from an old collection on which the average profit is $50. If the average profit earned on models A, B, and C is $60, $75, and $40, respectively, what is the expected value of the profit earned on all models? A. $55.75
B. $57.55
C. $59.25
D. $60.25

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There are three cell phone models in a store. When selecting a new cell phone, 25% of the customers...