A Publishing Company Introduces a New Weekly Magazine That Sells $$\begin{array} { l l l l l l } x & 10 & 15 & 20 & 30 & 40 \\P ( x ) & 0.23 & 0.28 & 0.23 & 0.14 & 0.12\end{array}$$

question 39

Multiple Choice

A publishing company introduces a new weekly magazine that sells for $4.95 on the newsstand. The marketing group of the company estimates that sales x (in thousands) will be approximated by the following probability function. Find the expected revenue. Round your answer to the nearest dollar. $$\begin{array} { l l l l l l } x & 10 & 15 & 20 & 30 & 40 \\P ( x ) & 0.23 & 0.28 & 0.23 & 0.14 & 0.12\end{array}$$

• A) \(\$\) 99,495
• B) \(\$\) 99
• C) \(\$\) 455
• D) \(\$\) 20,100
• E) \(\$\) 455,351

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Definitions:

Monroe Doctrine

A principle of US foreign policy introduced in 1823 by President James Monroe, proclaiming opposition to European colonization of and intervention in the Americas.

Provisions

Supplies of food, drink, or equipment, especially for a journey, military campaign, or period of scarcity.

Lewis and Clark Expedition

The early 19th-century expedition commissioned by President Thomas Jefferson to explore the newly acquired western territory of the United States, led by Meriwether Lewis and William Clark.