Question: The probability density function for daily profits at M Inc. can be described by the following piecewise function: 8 P = 100 for -10 SIT

The probability density function for daily profits at M Inc. can be described by the following piecewise function:

The probability density function for daily profits at M Inc. can bedescribed by the following piecewise function: 8 P = 100 for -10

8 P = 100 for -10 SIT S 0 P= 2 100 for 0 S T S +10 P 8 100 2 100 -10 0 +10Va.R ES = - 1 - a xf (x) dx -Do 1 -9 = 0.05 -10 20 1 9 = -20 TT 2 40 -10 = (81 -100) = 9.5

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