The publishers of a business magazine are running sales promotions for the weekly magazine. The number of prospective customers a sales representative sees per day varies 1 to 40. If the sales representative is able to her 20% of the prospective customers to subscribe, the maximum expected number of subscriptions per week is. if the sales representative earns $3 per subscription in addition to daily wages, the minimum expected value of the extra income per week is.

the maximum expected number of subscriptions per week is

34 subscriptions

the minimum expected value of the extra income per week is

$94.20

Step-by-step explanation:

number of sales visits per day 1 - 40

success rate in closing sales 20%

total visits per week:

week 1 = 20 + 22 + 27 + 17 + 31 + 12 + 39 = 168 week 2 = 26 + 13 + 30 + 18 + 24 + 14 + 32 = 157 week 3 = 21 + 12 + 22 + 37 + 30 + 23 + 18 = 163 week 4 = 15 + 33 + 10 + 28 + 34 + 24 + 22 = 166 week 5 = 11 + 33 + 21 + 32 + 26 + 19 + 22 = 164 week 6 = 19 + 27 + 20 + 18 + 31 + 14 + 37 = 166 week 7 = 29 + 22 + 27 + 30 + 16 + 9 + 36 = 159 week 8 = 8 + 28 + 19 + 28 + 25 + 36 + 26 = 170

estimated sales per week:

week 1 = 168 x 20% = 33.6 week 2 = 157 x 20% = 31.4 week 3 = 163 x 20% = 32.6 week 4 = 166 x 20% = 33.2 week 5 = 164 x 20% = 32.8 week 6 = 166 x 20% = 33 ... 2 week 7 = 159 x 20% = 31.8 week 8 = 170 x 20% = 34

extra income per week:

week 1 = 33.6 x $3 = $100.80 week 2 = 31.4 x $3 = $94.20 week 3 = 32.6 x $3 = $97.80 week 4 = 33.2 x $3 = $99.60 week 5 = 32.8 x $3 = $98.40 week 6 = 33.2 x $3 = $99.60 week 7 = 31.8 x $3 = $95.40 week 8 = 34 x $3 = $102