The Probability Distribution for the Daily Sales at Michael's Co

question 57

Multiple Choice

The probability distribution for the daily sales at Michael's Co.is given below. ​ The probability of having sales of no more than $60,000 is

• A) 0.7.
• B) 0.2.
• C) 0.8.
• D) 0.5.

---

Definitions:

Organizational Socialization

This is the process by which new employees learn the values, norms, and required behaviors which permit them to participate as members of an organization.

Member

An individual who belongs to a group, organization, or community and typically has certain rights, responsibilities, or roles within it.

Socialization Agents

Individuals, groups, or institutions that play roles in integrating people into the social structure, helping them to adopt the behaviors and norms of society.

Co-Workers

Individuals who work together in the same organization or on the same team, often sharing responsibilities and goals.