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    Data Analysis and Decision Making
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    Exam 4: Probability and Probability Distributions
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    What Is the Probability That the Demand of This Product
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What Is the Probability That the Demand of This Product

Question 19

Question 19

Essay

What is the probability that the demand of this product will be less than 3500 units in the upcoming quarter,given that its price will be greater than $20?

Correct Answer:

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P(D < 3500|P > 20)= (.05 + .06...

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