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a) What is the most likely sales level? b) What is the expected sales level? c) What is the probability that sales will be above

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a) What is the most likely sales level?

b) What is the expected sales level?

c) What is the probability that sales will be above 20,000units?

d) What is the probability that sales will be between 15,000 and25,000 units (inclusive)?

Sales 5,000 10,000 15,000 20,000 25,000 30,000 Probability 0.02 0.08 0.2 0.35 0.2 0.15

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Answer a most likely sales level is b Expected sales 5000 002 10000 ... blur-text-image

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