The case deals with the seats for sale for the football program. It is difficult to find the season tickets due to limited seats. Hence, the state has decided to use the bowl revenues to expand the stadium and the administration is sure that all the seats will be sold at normal price $40. The number of premium tickets and its probability is given as follows: To determine: The total revenue from the ticket sales.

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Chapter 14, Problem 1.2CP

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The case deals with the seats for sale for the football program. It is difficult to find the season tickets due to limited seats. Hence, the state has decided to use the bowl revenues to expand the stadium and the administration is sure that all the seats will be sold at normal price $40. The number of premium tickets and its probability is given as follows:

To determine: The total revenue from the ticket sales.

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