Verify that the distribution you constructed in Try It Yourself 2 is a probability distribution. a. Verify

Question:

Verify that the distribution you constructed in Try It Yourself 2 is a probability distribution.

a. Verify that the probability of each outcome is between 0 and 1, inclusive.

b. Verify that the sum of all the probabilities is 1.

c. Make a conclusion.

Frequency Distribution

Sales per day, x Number of days, f

0 ………………………………... 16

1 ………………………………... 19

2 ………………………………... 15

3 ………………………………... 21

4 ………………………………... 9

5 ………………………………... 10

6 ………………………………... 8

7 ………………………………... 2

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...