Modern Bytes Computers Allows Its Sales Team to Buy and Sell

question 57

Multiple Choice

Modern Bytes Computers allows its sales team to buy and sell shares that pay out $1 only if the sales in the future fall in a certain range. Suppose that currently shares for sales between 15,000 and 20,000 computers are selling for 20 cents each. Shares for sales between 20,000 and 25,000 computers are selling for 30 cents each. Shares for sales between 25,000 and 30,000 computers are selling for 30 cents each. Based on this information, what is the probability of Modern Bytes Computers selling between 15,000 and 25,000 computers?

• A) 20 percent
• B) 60 percent
• C) 30 percent
• D) 50 percent

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Definitions:

Dominant Gene

A gene that expresses its phenotype in the presence of another allele.

Homozygous

A genetic condition where an individual has two identical alleles for a particular trait or gene.

Heterozygous

Having two different alleles of a particular gene or genes, resulting in variation of a genetic trait.

Alleles

Different forms of the same gene, found at the same place on a chromosome, contributing to genetic diversity.