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    Statistics for Business and Economics Study Set 3
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    Exam 5: Discrete Probability Distributions
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    The Probability Distribution for the Daily Sales at Michael's Co
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The Probability Distribution for the Daily Sales at Michael's Co

Question 24

Question 24

Multiple Choice

The probability distribution for the daily sales at Michael's Co. is given below. The probability distribution for the daily sales at Michael's Co. is given below.   ​ The probability of having sales of no more than $60,000 is A)  0.7. B)  0.2. C)  0.8. D)  0.5. ​ The probability of having sales of no more than $60,000 is


A) 0.7.
B) 0.2.
C) 0.8.
D) 0.5.

Correct Answer:

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