One of the most profitable items at A1s Auto Security Shop is the remote starting system. Let

Question:

One of the most profitable items at A1€™s Auto Security Shop is the remote starting system. Let x be the number of such systems installed on a given day at this shop. The following table lists the frequency of x for the past 80 days.

a. Construct a probability distribution table for the number of remote starting systems installed on a given day. Draw a graph of the probability distribution.
b. Are the probabilities listed in the table of part a exact or approximate probabilities of various outcomes? Explain.
c. Find the following probabilities.
i. P(x = 3)
ii. P(x iii. P(2 iv. P(x

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...