Exhibit 5-9
The probability distribution for the daily sales at Michael's Co. is given below.
-Refer to Exhibit 5-9. The probability of having sales of at least $50,000 is
A)0.5
B)0.10
C)0.30
D)0.90

Name: Exhibit 5-9 The probability distribution for the daily sales at Michael's Co. is given below. -Refer to Exhibit 5-9. The probability of having sales of at least $50,000 is A)0.5 B)0.10 C)0.30 D)0.90
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Question

Exhibit 5-9
The probability distribution for the daily sales at Michael's Co. is given below. 
-Refer to Exhibit 5-9. The probability of having sales of at least $50,000 is
A)0.5 
B)0.10 
C)0.30 
D)0.90

Quizplus · Accepted Answer

The probability of having sales of at least $50,000 is 0.90, as indicated in the exhibit.

Exhibit 5-9 The Probability Distribution for the Daily Sales at Michael's Co