Partial probability distribution for the mra company

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Reference no: EM131820816

The following table is a partial probability distribution for the MRA Company's projected profits (x profit in $1000s) for the first year of operation (the negative value denotes a loss).

x f(x)

-100 .10

0 .20

50 .30

100 .25

150 .05

200 .10

What is the probability that MRA will make at least $50,000?

Reference no: EM131820816

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