The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales (In...
The probability distribution for the daily sales at Michael's Co. is given below.
| Daily Sales (In $1,000s) |
Probability |
|---|---|
| 40 | 0.2 |
| 50 | 0.4 |
| 60 | 0.3 |
| 70 | 0.1 |
What is the probability of having sales of at least $50,000?
0.2
0.4
0.8
0.9
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The probability distribution for the daily sales at Michael's
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