Question 5

An analyst is forecasting the quarterly sales of company x

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? O 25% O 75% O 50% O 2.5%