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The Cromwell Construction Company Has the Opportunity to Enter into a Contract

Question 58

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The Cromwell Construction Company has the opportunity to enter into a contract to build a mountain road.The following table shows the probability distribution for the profit that could occur if it takes the contract: The Cromwell Construction Company has the opportunity to enter into a contract to build a mountain road.The following table shows the probability distribution for the profit that could occur if it takes the contract:   Based on this information,the probability of profit being at least $50,000 is 0.50. Based on this information,the probability of profit being at least $50,000 is 0.50.

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