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The following table is a partial probability datribution for the MRA Company's projected profits ( profit in $1000n) for the first year of operation (the negative value denotes a loss) f(a) -100 0.12 0.16 50 0.31 100 0.25 150 0.10 200 aWhat is the proper value for f(200) (to 2 decimals)? .os What is your interpretation of this value? This is the probability MRA will have-Select yeur answer-v $200,000 profit. b. What is the probability that MRA will be profitable (to 2 decimals)? 67 c What is the probability that MRA will make at least $100,000 (to 2 decimals)? 38

The following table is a partial probability datribution for the MRA Company's projected profits ( profit in $1000n) for the first year of operation (the negative value denotes a loss) f(a) -100 0.12 0.16 50 0.31 100 0.25 150 0.10 200 aWhat is the proper value for f(200) (to 2 decimals)? .os What is your interpretation of this value? This is the probability MRA will have-Select yeur answer-v $200,000 profit. b. What is the probability that MRA will be profitable (to 2 decimals)? 67 c What is the probability that MRA will make at least $100,000 (to 2 decimals)? 38

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The following table is a partial probability distribution for the MRA Company's projected profits (a- profit in $1000s) for the first year of operation (the negative value denotes a loss). f(2) -100 0.12 0.16 50 0.31 100 0.25 150 0.10 200 a. What is the proper value for f(200) (to 2 decimals)? What is your interpretation of this value? This is the probability MRA will have-Select your answer $200,000 profit. b. What is the probability that MRA will be profitable (to 2 decimals)? .67 c. What is the probability that MRA will make at least $100,000 (to 2 decimals)7 38
Transcribed Image Text:The following table is a partial probability distribution for the MRA Company's projected profits (a- profit in $1000s) for the first year of operation (the negative value denotes a loss). f(2) -100 0.12 0.16 50 0.31 100 0.25 150 0.10 200 a. What is the proper value for f(200) (to 2 decimals)? What is your interpretation of this value? This is the probability MRA will have-Select your answer $200,000 profit. b. What is the probability that MRA will be profitable (to 2 decimals)? .67 c. What is the probability that MRA will make at least $100,000 (to 2 decimals)7 38
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