Mathematics
Mathematics, 20.08.2021 02:40, kbuhvu

Suppose the daily profits of Iliana's lemonade stand is a random variable X. Tommy helps out and is entitled to half of the profits, but he has to pay Iliana $20 per day to borrow her chair. If X has expected value (mean) of 100 and variance of 25, then find: a) Tommy's Expected pay

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