The Above Table Shows the Probability Distribution of Cake Sales

question 29

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 23 or more cakes?

• A)0.40
• B)0.70
• C)0.60
• D)0.30

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Definitions:

Assembly Time

The total time required to put together various components or subsystems into a finished product.

Overtime Pay

Additional compensation paid to employees for hours worked in excess of the standard workweek, typically at a higher rate.

Feasible Solution

A solution that meets all the constraints of a problem in operations research or optimization.

Profit

The financial gain achieved when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.