Question: Question 1 You are given the following data set: Monthly Sales/Event (E) Frequency 9 12 10 8 6 5 3 YOUR 1. Calculate the relative
Question 1 You are given the following data set: Monthly Sales/Event (E) Frequency 9 12 10 8 6 5 3 YOUR 1. Calculate the relative frequency P(E) by dividing each frequency by the total value of the frequency column. The total sum of the P(E) should be 1. 2. Calculate the cumulative probability as follows: 7.7+9.7+9+12, etc... 3. Use the probabilliy distribution you have calculated above to calculate the PX=1). PO>21. P(2
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