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Mathematics, 16.08.2021 03:00 Kencharlot

The mass of the eggs laid by a certain breed of hen is a normally distributed random variable with mean 0.06kg and standard deviation 0.009kg. If a random sample of 1800 eggs are sold, how many would you expect to have mass; (i)Less than 0.052 kg (standard size). (ii)Between 0.052 kg and 0.075kg (medium size).(iii)Greater than 0.075 kg (large size). (b)If the cost of producing an egg in (a) is Gh¢0.45 and selling price of each standard, medium and large size eggs are Gh¢0.60, Gh¢0.80, and Gh¢0.95 respectively, calculate (i)The expected profit to be made from selling the standard size, medium size and large size eggs. (ii)The overall profit.

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