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XYZ Corporation is thinking of expanding into Houston Texas. A preliminary study produces the following probability distribution for Sales:
Sales
Probability - f(x)
$120,000
0.3
$280,000
0.25
$600,000
0.3
$1,000,000
0.15
What is the probability that Sales will be less than or equal to $600,000?
14 years ago
5
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