The following table is a partial probability distribution for the MRA Companys projected profits (x 5 profit

Question:

The following table is a partial probability for the MRA Company’s projected profits (x 5 profit in $1000s) for the first year of operation (the negative value denotes a loss).
x f(x)
2100 .......... .10
0 .......... .20
50 .......... .30
100 .......... .25
150 .......... .10
200
a. What is the proper value for f(200)? What is your interpretation of this value?
b. What is the probability that MRA will be profitable?
c. What is the probability that MRA will make at least $100,000?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...