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Question
Exhibit 5-2The probability distribution for the daily sales at Michael's Co. is given below.
| Daily Sales ($1,000s) | Probability |
| 40 | 0.1 |
| 50 | 0.4 |
| 60 | 0.3 |
| 70 | 0.2 |
a. $55,000
b. $56,000
c. $50,000
d. $70,000
Answer
This answer is hidden. It contains 1 characters.
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