Question: Problem 11 (10 points) A newsstand is trying to determine how many bundles of newspapers to stock. For each bundle, the newsstand makes $20. However,

Problem 11 (10 points) A newsstand is trying to

Problem 11 (10 points) A newsstand is trying to determine how many bundles of newspapers to stock. For each bundle, the newsstand makes $20. However, they lose $5 per bundle if they do not sell. The following discrete probability distribution has been estimated for their daily demand. How many bundles should they stock? Demand Probability (bundles) 4 .10 5 .20 6 .30 7 .30 8 .10

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