A pharmaceutical company sells 78 different products. The distribution of annual sales amounts last year for these products is as follows. Number of Products 100 90 80 70 60 50 40 30 20 10 0 0 15:17 301 37 50 75.61 100 150 Annual Sales (5000) 200 200, 78 250 Approximately what percentage of the products had annual sales of less than $80,000 last year? OA. 62 OB. 79.5 OC. 38 OD. 20.5 OE. None of the above
A pharmaceutical company sells 78 different products. The distribution of annual sales amounts last year for these products is as follows. Number of Products 100 90 80 70 60 50 40 30 20 10 0 0 15:17 301 37 50 75.61 100 150 Annual Sales (5000) 200 200, 78 250 Approximately what percentage of the products had annual sales of less than $80,000 last year? OA. 62 OB. 79.5 OC. 38 OD. 20.5 OE. None of the above
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
100%

Transcribed Image Text:A pharmaceutical company sells 78 different products. The distribution of annual sales amounts
last year for these products is as follows.
Number of Products
100
90
80
70
60
50
40
30
20
10
0
0
5,17
301 37
50
75,61
100
150
Annual Sales ($000)
200, 78
200
250
Approximately what percentage of the products had annual sales of less than $80,000 last
year?
OA. 62
O B. 79.5
OC. 38
O D. 20.5
OE. None of the above
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you

Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education

Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning

Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education

Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning

Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON

Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON

Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON