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What is the most likely sales level

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The Packard Company manufactures and markets a cloud based training video entitled "How to do Income Tax Return." The market department has prepared the following estimates on sales value (in units) for the coming year:

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 20,000 units?

d. What is the probability that sales will be between 15,000 and 25,000 units (inclusive)?

Reference no: EM132529543

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