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Can you help me with these 3 questions? Thank you!

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Q3. Compute the expected value, variance, and standard deviation of the revenue from a single
fan for the Pro Shop. (1.5 points)


Due on Oct 3rd, 2019
Use the information below for questions 1 through 3. Dallas Cowboys Pro Shop produce two types
of jerseys for their fan-base to purchase: elite game jersey and limited player jersey. Cowboys Pro
Shop determined 20% of the fans do not buy either jersey, 55% buy the elite game jersey, and 25%
buy both jerseys, and these percentages are relatively constant from one year to another. There are
(hypothetically) 100 fans each year.
Q1. How many jerseys should the Pro Shop expect to sell to in a year?
(1.5 points)
Q2. Elite game jersey costs $137 and the limited player jersey costs $33. How much revenue
should the Pro Shop expect from these 100 fans? (1.5 points)
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