Micron Technology has sales offices located in four cities: Dallas, Seattle, Boston, and Los Angeles. An analysis

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Micron Technology has sales offices located in four cities: Dallas, Seattle, Boston, and Los Angeles. An analysis of the company€™s accounts receivables reveals the number of overdue invoices by days, as shown here.
Micron Technology has sales offices located in four cities: Dallas,

Assume the invoices are stored and managed from a central database.
a. What is the probability that a randomly selected invoice from the database is from the Boston sales office?
b. What is the probability that a randomly selected invoice from the database is between 30 and 90 days overdue?
c. What is the probability that a randomly selected invoice from the database is over 90 days old and from the Seattle office?
d. If a randomly selected invoice is from the Los Angeles office, what is the probability that it is 60 or fewer days overdue?

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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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