Refer to the Following Probability Distribution for Profit to Answer $$\begin{array} { c c } \text { Prafit } & \text { Prabability } \\\hline \$ 30 &0 .05 \\40 & 0 .25 \\50 & 0.60 \\60 & 0.10\end{array}$$

question 42

Multiple Choice

Refer to the following probability distribution for profit to answer the question below: $$\begin{array} { c c } \text { Prafit } & \text { Prabability } \\\hline \$ 30 &0 .05 \\40 & 0 .25 \\50 & 0.60 \\60 & 0.10\end{array}$$ What is the expected profit for this distribution?

• A)$11,875
• B)$46
• C)$47.50
• D)$48.75
• E)none of the above

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Definitions:

Self-Fulfilling Prophecy

A phenomenon where an individual's or group's expectation of an outcome causes the outcome to occur, reinforcing the original expectation.

Negative Results

Outcomes that are detrimental, opposite of intended, or do not meet the expected or desired objectives.

Positive Results

Beneficial outcomes or achievements that stem from specific actions, measures, or experiments.

Emotional Arousal

A state of heightened physiological and emotional response to stimuli, which can influence behavior and perception.