Question: D Question 32 1 pts An analyst is forecasting the quarterly sales of Company X. The low end estimate of sales is $18 million and
D Question 32 1 pts An analyst is forecasting the quarterly sales of Company X. The low end estimate of sales is $18 million and the high end estimate is $20 million. The analyst does not have further insights on the forecasts therefore decides to treat all outcomes for sales between these two values as equally likely, as a continuous uniform distribution. What is the probability that the quarterly sales will be less than or equal to $19.5 million? 255 755 50% 25
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