Y Porcelain figurines are sold for 18 if flawless and for 8

?Y

Porcelain figurines are sold for $18 if flawless, and for $8 if there are minor cosmetic flaws. Of the figurines made by a certain company, 85% are flawless and 15% have minor cosmetic flaws. In a sample of 100 figurines that are sold, let Y be the revenue EARNED by selling them and let X be the number of them that are flawless. Find ?Y

Solution

85 are flawless of 100

Y= 85*18+15*8 = 1530+120

= $1650

?Y Porcelain figurines are sold for $18 if flawless, and for $8 if there are minor cosmetic flaws. Of the figurines made by a certain company, 85% are flawless

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