The Following Table Presents the Probability Distribution of the Number $\begin{array} { c | c c c c c } x & 0 & 1 & 2 & 3 & 4 \\\hline P ( x ) & 0.09 & 0.63 & 0.18 & 0.07 & 0.03\end{array}$

question 10

Multiple Choice

The following table presents the probability distribution of the number of vacations X taken last year for a randomly chosen family. Find P(1 or more) .
$\begin{array} { c | c c c c c } x & 0 & 1 & 2 & 3 & 4 \\\hline P ( x ) & 0.09 & 0.63 & 0.18 & 0.07 & 0.03\end{array}$

• A) 0.63
• B) 0.72
• C) 0.28
• D) 0.91

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Definitions:

Haier

A global Chinese consumer electronics and home appliances company known for its innovation and quality products.

Maturity Stage

The maturity stage is a phase in the product life cycle characterized by a slowdown in sales growth because the product has achieved acceptance by most potential buyers, leading to increased competition.

Long Production Runs

Extended periods of continuously producing the same product, which often leads to economies of scale and reduced costs per unit.