A farmer is selling bushels of corn. When a bushel has inedible stalks, the supermarket gets a discount on the entire bushel. The farmer profits $8 per bushel with all edible stalks and loses $4 for every bushel with inedible stalks. If 95% of the bushels have all edible stalks and 5% have inedible stalks, what is the expected profit the farmer makes?

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Prince

Mathematics

23 November, 22:04

A farmer is selling bushels of corn. When a bushel has inedible stalks, the supermarket gets a discount on the entire bushel. The farmer profits $8 per bushel with all edible stalks and loses $4 for every bushel with inedible stalks. If 95% of the bushels have all edible stalks and 5% have inedible stalks, what is the expected profit the farmer makes?

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Alfredo · Answer 1

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