The table displays the probabilities of profit values at a company. The random variable x displays gains and losses in thousands
of dollars. Does the table describe a probability distribution? Why or why not?
1 answer:
Answer:
A. Yes, because the sum of the probabilities in the table is equal to 1
Step-by-step explanation:
Given table shows the probabilities of profit values at a company.
Negative values of x represents company's losses, positive values of x represents company's gains and x = 0 represents that company neither loses nor gains.
Add all probabilities:
This means the table secribes the probability distibution.Hence, correct option is option A.
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