Question
The probability distribution for the daily sales at Michael's Co. is given below.
Daily Sales
(In $1,000s)
Probability
40
0.2
50
0.3
60
0.1
70
0.4
What is the probability of having sales of no more than $60,000?
0.1
0.4
0.6
0.9
Expand
Transcribed Image Text

The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales (In $1,000s) Probability 40 0.2 50 0.3 60 0.1 70 0.4 What is the probability of having sales of no more than $60,000? 0.1 0.4 0.6 0.9

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