Consider the Given Discrete Probability Distribution $$\begin{array} { | c | c | c | c | c | c | } \hline x & 1 & 2 & 3 & 4 & 5 \\\hline p ( x ) & .1 & .2 & .2 & .3 & .2 \\\hline\end{array}$$

question 47

Multiple Choice

Consider the given discrete probability distribution. Find P(x > 3) . $$\begin{array} { | c | c | c | c | c | c | } \hline x & 1 & 2 & 3 & 4 & 5 \\\hline p ( x ) & .1 & .2 & .2 & .3 & .2 \\\hline\end{array}$$

• A) .5
• B) .7
• C) .2
• D) .3

---

Definitions:

Timeliness

The characteristic of occurring at a suitable or opportune time, particularly relevant in the context of information delivery and project completion.

Future Cost

Costs that have not yet been incurred but are expected to be as a result of current decisions or plans.

Information

Data that has been processed, organized, or presented in a manner that makes it meaningful or useful to the person receiving it.

Accounting Data

Information related to financial transactions and status, used for analysis, planning, and decision-making in business.