Ten percent of the tickets are labeled 25 20 are labeled 15

Assignment Help Basic Statistics

Reference no: EM13624824

Moren's Department Store has a special sale whereby each customer, upon checkout, chooses a random ticket that is labeled 5%, 15%, or 25%. The customer is then allowed to take a discount of that amount from the total sale. Ten percent of the tickets are labeled 25%, 20% are labeled 15%, and the remaining are labeled 5%. Excluding sales tax, what is the expected actual sale for a customer wishing to purchase $200 worth of merchandise?

$134

$154

$170

$182

$190

Reference no: EM13624824

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