The management of the Cambridge Company has projected the sales of its products (in millions of dollars) for the upcoming year, with the associated probabilities shown in the following table.

Sales 20 24 28 32 36 40

Probability 0.02 0.11 0.40 0.26 0.16 0.05

What are the expected sales for next year? (Enter your answer to two decimal places.)

asked by guest
on Sep 22, 2024 at 12:11 pm



Mathbot Says...

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