The Above Table Shows the Probability Distribution of Cake Sales

question 102

Multiple Choice

The above table shows the probability distribution of cake sales at Busy Betty's Bakery.
-Refer to the table above. What is the probability of selling exactly 23 cakes?

• A)0.00
• B)0.30
• C)0.10
• D)0.20

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Definitions:

Rate Of Return

The advantage or disadvantage in the fiscal valuation of an investment over a designated period, communicated as a percentage of the investment's primary expense.

Business Venture

An entrepreneurial enterprise or company started with the aim of achieving growth and profitability.

Investing

is the act of allocating resources, usually money, with the expectation of generating an income or profit.

Perpetuity

A type of annuity that pays an infinite series of cash flows, with no end date.