(Solution Document) The Walnut Grille in McCandless Township claims that the weather has an effect on its profit.


The Walnut Grille in McCandless Township claims that the weather has an effect on its profit. Their studies have shown that, when it rains, they lose $ 1,200 that day and when it DOES NOT rain, they earn ( gross) $ 6,120 per day. It is known to rain near or at the restaurant 4 out of 17 days. Find the expected value of the Walnut Grille. State your answer in its proper format and round to two decimal places

 







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