[Samb]

I also got the Expected Values question, and the wording was terrible.

My understanding, was that the first part asked for all profit outcomes (just the merchandise expected value calculated for the merch sales figure). Therefore, no expected value of total profit needed.

Then the second part asked for the expected value, which felt abit too easy of a calculation for a 5 marker?

Then part c, with calculating the probability of making a profit below £200k, I used the percentages between 8000 sales and 10,000 sales to work out a probabiltiy – but was very confused here. Don’t remember ever doing a calculation like that in my study.

[Author]

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