What Is the Cumulative Probability Distribution of the Following Variable

question 71

Multiple Choice

What is the cumulative probability distribution of the following variable?
$\begin{array}{|l|l|}\hline\text { Tires Sold } & \text { Probability } \\\hline 0 & 1 \\\hline 1 & 2 \\\hline 2 & 15 \\\hline 3 & 3 \\\hline 4 & 25 \\\hline\end{array}$

• A) 1
• B) .5
• C) 10
• D) .2
• E) none of the above

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Definitions:

Excise Tax

A tax levied on specific goods, services, or transactions, such as alcohol, tobacco, and gasoline, often intended to discourage their use or generate revenue.

SUVs

Sport Utility Vehicles; a category of large vehicles that are designed for off-road use or have capabilities for off-road use but are often used as family cars.

Downward-Sloping

A characteristic of demand curves in economics, indicating that demand decreases as the price increases.

FICA Tax

A U.S. federal payroll tax that funds Social Security and Medicare, required to be paid by both employees and employers.