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Question 5 1 pts An analyst is forecasting the quarterly sales of Company X. The low end estimate of sales is $18 million and the
Question 5 1 pts An analyst is forecasting the quarterly sales of Company X. The low end estimate of sales is $18 million and the high end estimate is $20 million. The analyst does not have further insights on the forecasts therefore decides to treat all outcomes for sales between these two values as equally likely, as a continuous uniform distribution. What is the probability that the quarterly sales will be more than or equal to $19.5 million? 25% 75% 50% 2.5%
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