In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000).  The table also shows the probability of earning that profit.  The negative value indicates a loss.   x f(x)   x = profit   -100 0.01   f(x) = probability -200 0.04       0         100 0.26       200 0.54       300 0.05       400 0.02         11 If we add $45 to each value in the profit/loss column above, the new expected value of profit will be, a $201                 b $197                 c $193                 d $189

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