document.write( "Question 1075666: An ice cream shop makes a profit of $1000/Day when it is sunny; breaks even when it is cloudy, and loses $600/day when it is rainy. Suppose it is sunny 85% of the time and cloudy 10% of the time, what is the shops expected daily profit? \n" ); document.write( "
Algebra.Com's Answer #690332 by jorel1380(3719) You can put this solution on YOUR website! If it's sunny 85% of the time, and cloudy 10%, then it is rainy 100-85-10=5% of the time. The expected profit is: \n" ); document.write( "1000(.85)+0(.1)-600(.05)=$820 expected daily profit. \n" ); document.write( " |