Zoe, who sells people her hand-made quilts, goes to quilt shows once per month. The number of quilts she sells at these shows has the following probability distribution:
Number of quilts, X
0
1
2
3
4
P(x)
0.5
0.3
0.1
0.05
0.05
If each quilt sells for $50, what is the expected dollar amount Zoq takes in at one of these shows
selling her quilts?
1. $23.50
2. $100.00
3. $36.00
4. $12.00
5. $42.50