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Find the indicated probability.
-The table shows the distribution of family size in a certain U.S. city A family is selected at random from the city. Find the probability that the size of the family is less than 5. Round approximations to three decimal places.
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Raw materials, work-in-process products, and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.
Operating Costs
Expenses associated with the day-to-day functions of running a business, excluding capital expenditures.
Net Sales
Revenue from sales transactions after deducting returns, allowances for damaged goods, and discounts.
Assets
Resources owned or controlled by a business, expected to produce future economic benefits.
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