The Fresh Oven Bakery Knows That the Number of Pies $\begin{array}{l|l}\text { Profit } & P \text { (profit) } \\\hline \$ 500 & .5 \\\$ 750 & .25 \\\$ 1000 & .25\end{array}$

question 77

Multiple Choice

The Fresh Oven Bakery knows that the number of pies it can sell varies from day to day. The owner believes that on 50% of the days she sells 100 pies. On another 25% of the days she sells 150 pies, and she sells 200 pies on the remaining 25% of the days. To make sure she has enough product, the owner bakes 200 pies each day at a cost of $2 each. Assume any pies that go unsold are thrown out at the end of the day. If she sells the pies for $5 each, find the probability distribution for her dailyProfit.

• A)
• \(\begin{array}{l|l}
• \text { Profit } & P \text { (profit) } \\
• \hline \$ 500 & .5 \\
• \$ 750 & .25 \\
• \$ 1000 & .25
• \end{array}\)
• B)
• \(\begin{array}{l|l}
• \text { Profit } & P \text { (profit) } \\
• \hline \$ 300 & .5 \\
• \$ 450 & .25 \\
• \$ 600 & .25
• \end{array}\)
• C)
• \(\begin{array}{l|l}
• \text { Profit } & P \text { (profit) } \\
• \hline \$ 300 & .5 \\
• \$ 550 & .25 \\
• \$ 800 & .25
• \end{array}\)
• D)
• \(\begin{array}{l|l}
• \text { Profit } & P \text { (profit) } \\
• \hline \$ 100 & .5 \\
• \$ 350 & .25 \\
• \$ 600 & .25
• \end{array}\)