The owner of Tastee Cookies needs to decide whether to lease a small,medium,or large new retail outlet.She estimates that monthly profits will vary with demand for her cookies as follows: For what range of probability that demand will be high,will she decide to lease the large facility?
A)0 - .25
B)0 - .33
C).25 - .5
D).33 - 1
E).5 - 1

Question

The owner of Tastee Cookies needs to decide whether to lease a small,medium,or large new retail outlet.She estimates that monthly profits will vary with demand for her cookies as follows:  For what range of probability that demand will be high,will she decide to lease the large facility?
A)0 - .25 
B)0 - .33 
C).25 - .5 
D).33 - 1 
E).5 - 1

Quizplus · Accepted Answer

The Answer of The owner of Tastee Cookies needs to decide whether to lease a small,medium,or large new retail outlet.She estimates that monthly profits will vary with demand for her cookies as follows:  For what range of probability that demand will be high,will she decide to lease the large facility?
A)0 - .25 
B)0 - .33 
C).25 - .5 
D).33 - 1 
E).5 - 1

The Owner of Tastee Cookies Needs to Decide Whether to Lease