The College Honor Society sells hot pretzels at the home football games. The pretzels are sold for $1.00 each, and the cost per pretzel is $.30. Any unsold pretzels are discarded because they will be stale before the next home game. The frequency distribution of the demand for pretzels per game is presented as follows: | |
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Unit Sales Volume | Probability |
2,000 pretzels | 0.1 |
3,000 pretzels | 0.15 |
4,000 pretzels | 0.2 |
5,000 pretzels | 0.35 |
6,000 pretzels | 0.2 |