Question 952564
You are planning to buy a franchise from Fancy Fried Food. The table below shows average weekly profits, rounded to the nearest hundred, for a number of the current franchises. If you buy a franchise, what would your expected weekly profit be? round to the nearest whole dollar.
 Average Weekly Profit Number Who Earned This
 $100 13
 $200 15
 $300 23
 $400 9
 $500 10
 $600 22
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Find the relative frequency for each # of franchises::
Example:: Relative freq for 13 = 13/92 = 0.1585
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Multiply each relative freq by the corresponding dollar figure
Ex:: 0.1585 * 100  = 15.85
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Find the sum of the products to get the expected product::
E(x) = (13*100 + 15*200 + 23*300 + 9*400 + 10*500 + 22*600)/92
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Cheers,
Stan H.