The Big Red Arcade and Pizza Palace caters to young teens - 11937

Solution Posted by
mareya

mareya

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Solution Detail
Price: $1.00
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  • Posted on: Thu 28 Jun, 2012
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Request Description

The Big Red Arcade and Pizza Palace caters to young teens and sells tokens to play arcade games for 25¢ each and slices of pizza for 50¢ each. The following table details the distribution of sales of pizza slices per customer and sales of arcade tokens per customer. # Slices of Pizza 0 1 2 3 4 5 Probability 0.05 0.10 0.20 0.30 0.15 0.20 # Arcade Games 0 1 2 3 4 5 Probability 0.01 0.04 0.15 0.20 0.25 0.35 What is the total expected per-customer revenue for pizza slice sales and arcade token sales? 

A. $1.34 

B. $6.69 

C. $2.60 

D. $2.42 

 
Solution Description

The Big Red Arcade and Pizza Palace caters to young teens and sells tokens to play arcade games for 25¢ each and slices of pizza fo