Consider the following probability distribution of the daily profit of a bakery.
x p(x)
-100...
Mathematics, 04.07.2020 02:01 breannagrd4855
Consider the following probability distribution of the daily profit of a bakery.
x p(x)
-100 0.05
0 0.15
200 0.30
300 0.40
400 0.10.
(Negative profit represents a loss.)
On a given day, the probability the bakery will have a profit of $200 or more is:
a. 0.50
b. 0.80
c. 0.2
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