Spectrum provides cable television and internet service to millions of customers. Suppose that the management of Spectrum
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Question:
Spectrum provides cable television and internet service to millions of customers. Suppose that the management of Spectrum subjectively assesses a probability distribution for the number of new subscribers next year in the state of New York as follows.
x | f(x) |
---|---|
100,000 | 0.05 |
200,000 | 0.20 |
300,000 | 0.25 |
400,000 | 0.35 |
500,000 | 0.10 |
600,000 | 0.05 |
(a)Is this probability distribution valid? Explain.This probability distribution ---Select--- is is not valid because ---Select--- 1 f(x) 1 f(x) 0 0 x 1 f(x) 0 for
x= 100,000, 200,000, 300,000, 400,000, 500,000, 600,000.
Also,
f(x) = .
(b)What is the probability Spectrum will obtain more than 400,000 new subscribers?(c)What is the probability Spectrum will obtain fewer than 200,000 new subscribers?
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