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10 January, 06:02

This table gives sales data for an electronics store in any given month. It lists the probabilities of the number of items purchased in a single transaction and the average amount spent per transaction.

Number of Items

Purchased in a

Single Transaction Probability Average

Amount

Spent

1 0.30 $80

2 0.43 $70

3 0.12 $75

4 or more 0.15 $80

Based on the data provided, which type of transaction is likely to bring in the most income during a month?

a transaction with one item

a transaction with two items

a transaction with three items

a transaction with four or more items

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Answers (1)
  1. 10 January, 07:39
    0
    a transaction of three items.
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