In dependeat Assessmeat 1Daker's NookElisha just opened a bakery along Macalintal Avenue which sells freshdoughnuts. The selling price is P20.00 per doughnut arnd the cost ofmaking it is P8.00 The daly operating expense is P600.00.a. Find the profit function P() where represent the number ofdoughnuts sold.b. If 100 doughuuts were soid, what is the total profit?How many doughnuts must be made aärnd sold to break even?i. How many dougimuts should be sold to gain a profit ofc.PO00.00?

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Answered: a. Find the profit function P/) where…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Your friend makes up a game to play over Zoom during the shelter in place, and asks if you would like to play. The rules are: You win $8 if you roll a 6. You win $4 if you roll a 4 or 5 Otherwise, you have to pay $10. a. Complete the PDF Table. List the X values, where X is the profit, from smallest to largest. The first value is filled in for you. Round to 4 decimal places where appropriate. Probability Distribution Table X P(X) -10 b. Find the expected profit. $ (Round to the nearest cent)c. Interpret the expected value. You will win this much if you play a game. This is the most likely amount of money you will win. If you play many games, on average, you will likely win, or lose if negative, close to this amount.

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a. Find the profit function P/) where represent the number of doughnuts sold. b. If 100 doughnuts were soid, what is the total profit? How many doughnuts must be made aálid sold to break even? d. How many dougimuts should be sold to gain a profit of C. PO00.00?