The shipping costs for fresh fruit items have been estimated and assigned the probabilities shown below. The expected value of the shipping costs is closest to: (choose one)
(a) $36.33
(b) $39.21
(c) $41.28
(d) $45.11
 FIGURE 1.png)
E($) = 0.22(34) + 0.31(38) + 0.47(55)
= 7.48 + 11.78 + 25.85
= $45.11
Answer is (d) $45.11
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