In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table also shows the probability of earning that profit. The negative value indicates a loss. x f(x) x = profit -100 0.01 f(x) = probability -200 0.04 0 100 0.26 200 0.54 300 0.05 400 0.02 6 The probability that X-Tract will break even is, f(x = 0) = ________. a 0.06 b 0.07 c 0.08 d 0.09
In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table also shows the probability of earning that profit. The negative value indicates a loss. x f(x) x = profit -100 0.01 f(x) = probability -200 0.04 0 100 0.26 200 0.54 300 0.05 400 0.02 6 The probability that X-Tract will break even is, f(x = 0) = ________. a 0.06 b 0.07 c 0.08 d 0.09
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table also shows the probability of earning that profit. The negative value indicates a loss. |
x | f(x) | x = profit | ||
-100 | 0.01 | f(x) = probability | ||
-200 | 0.04 | |||
0 | ||||
100 | 0.26 | |||
200 | 0.54 | |||
300 | 0.05 | |||
400 | 0.02 |
6 | The probability that X-Tract will break even is, f(x = 0) = ________. | |||||
a | 0.06 | |||||
b | 0.07 | |||||
c | 0.08 | |||||
d | 0.09 |
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