The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales ($1000s). Probability. 60 0.3 70 0.2 80 0.1 90 0.4 The probability of having sales of at least $70,000 is. a. 0.30 b. 0.50 c. 0.70 d. 0.10

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.4: Discrete Random Variables; Applications To Decision Making
Problem 1YT
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The probability distribution for the daily sales at Michael's Co. is given below.
Daily Sales ($1000s).
Probability.
60
0.3
70
0.2
80
0.1
90
0.4
The probability of having sales of at least $70,000 is.
a. 0.30
b. 0.50
c. 0.70
d. 0.10
Transcribed Image Text:The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales ($1000s). Probability. 60 0.3 70 0.2 80 0.1 90 0.4 The probability of having sales of at least $70,000 is. a. 0.30 b. 0.50 c. 0.70 d. 0.10
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