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18 October, 15:55

The Golden Gate Bridge charges $8.20 for passenger cars and a whopping $32.80 for large trucks. Suppose that during the daytime 80% of all vehicles are passenger cars, the others are trucks, and that each car is independent of every other. If 25 vehicles cross the bridge during a particular hour of the day, what is the expected toll revenue for that hour

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  1. 18 October, 18:54
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    Expected Toll Revenue = $328

    Explanation:

    Charge for passenger cars = $8.20 per car

    Charge for large trucks = $32.80 per truck

    80% of all vehicles are passenger cars

    20% of all vehicles are trucks

    If 25 vehicles cross the bridge during a particular hour of the day, what is the expected toll revenue for that hour

    25 x 80% = 20 passenger cars

    25 x 20% = 5 Trucks

    Expected Toll Revenue = ($8.20 per car x 20 passenger cars)

    + ($32.80 per truck x 5 Trucks)

    Expected Toll Revenue = $328
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