Marketing estimates that a new instrument for the analysis of soil samples will be very successful, maderately successful, or unsuccessful, with probabilities 0.32,0.54, and0.14, respectively. The yearly revenue associated with a very successful, moderately successful, or unsuccessful product is $10 million dollars, $5 million dollars, and $1 million dollars, respectively. Let the random variable X denote the yearly revenue of the product in nillions of dollars. Evaluate the curnulative distribution function of X at specified values.

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Marketing estimates that a new instrument for the analysis of soil samples will be very successful, moderately successful, or
unsuccessful, with probabilities 0.32,0.54, and 0.14, respectively. The yearly revenue associated with a very 5uccessful, moderately
successful, or unsuccessful product is $10 million dallars, $5 million dollars, and $1 million dollars, respectively. Let the random variable
X denote the yearly revenue of the product in nillions of dollars. Evaluate the curnulative distribution function of X at specified values.
Round your answers to two decimal places (eg.98.76).
F(I) =
= (s)}
F(10) =
Transcribed Image Text:Marketing estimates that a new instrument for the analysis of soil samples will be very successful, moderately successful, or unsuccessful, with probabilities 0.32,0.54, and 0.14, respectively. The yearly revenue associated with a very 5uccessful, moderately successful, or unsuccessful product is $10 million dallars, $5 million dollars, and $1 million dollars, respectively. Let the random variable X denote the yearly revenue of the product in nillions of dollars. Evaluate the curnulative distribution function of X at specified values. Round your answers to two decimal places (eg.98.76). F(I) = = (s)} F(10) =
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