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Answer the following: The following shows an estimated probability distribution for the sales of a new product in the first week: Number Units Sold: 0
Answer the following:
The following shows an estimated probability distribution for the sales of a new product in the first week:
Number Units Sold: 0 1 2 3 4 5
Probability: 0.03 0.16 0.21 0.35 0.15 0.10
What is the probability that in the first week:
- 4 OR 5 units will be sold?
- At least 3 units will be sold?
- At least 1 unit will be sold?
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