What is the probability distribution for her weekly profit

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The Fresh Flower Boutique knows that the number of roses it can sell varies from week to week. The owner believes that in? 50% of the weeks she sells 100? roses, in? 25% of the weeks she sells 150 and in the remaining? 25% of the weeks she sells 200. To make sure that she has enough? product, the owner buys 200 roses in the beginning of each week at a cost of? $1.50 each. Assume that any roses that go unsold are discarded at the end of the week. If she sells the roses for? $5 each, what is the probability distribution for her weekly profit for extra long stemmed? roses?

Reference no: EM132474166

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