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## Question: A marketing study for a cereal manufacturer produced the following sales number (\$1000) fo

Question: A marketing study for a cereal manufacturer produced the following sales number (\$1000) for a new brand of cereal.(In the table below, the items in Boldare the information provided).A. What is the random variable? SalesB. What is the probability that sales is between \$100,000 and #300,000 inclusive? P (100,000 < x=””>< 300,000)=”C.” what=”” is=”” the=”” probability=”” that=”” the=”” sales=”” exceeds=”” \$300,000?=”” p=”” (=”” x=””> 300,000) = D. What is the probably that the sales equals \$400,000? P (x = 400,000) = E. What is the probability that the sales is at most \$200,000? P (x < 200,000)=”F.” determine=”” the=”” expended=”” amount=”” of=”” sales.=”” e(x)=”210G.” what=”” is=”” the=”” variance=”” for=”” the=”” amount=”” of=”” sales?=”” sigma2=”sum” x2=”” *=”” p(x)=”” -=”” mean2=”73,000-2102″ ==”” 28,900=”” dollars=”” 2h.=”” what=”” is=”” the=”” standards=”” deviation=”” for=”” the=”” amount=”” of=”” sales?=”” square=”” root=”” of=”” the=”” variance=”” -=”” \$170i.=”” to=”” produce=”” the=”” cereal=”” it=”” cost=”” the=”” company=”” 25%=”” of=”” the=”” amount=”” earned=”” in=”” sales.=”” what=”” is=”” the=”” expected=”” cost=”” to=”” the=”” manufacture?=”” for=”” this=”” question,=”” would=”” i=”” use=”” the=”” sales=”” number=”” \$1,000=”” and=”” divide=”” it=”” by=”” 0.25?j.=”” what=”” is=”” the=”” expected=”” revenue=”” that=”” is=”” generated=”” from=”” the=”” sales?=”” i=”” am=”” not=”” sure=”” what=”” this=”” question=”” is=”” asking=”” which=”” numbers=”” do=”” i=”” use?=”” k.=”” how=”” much=”” is=”” the=”” company=”” expected=”” to=”” gain=”” or=”” lose=”” in=”” this=”” scenario?=”” (hint:=”” profit=”revenue” -=”” costs)xp(x)x=”” *=”” p(x)x2x2=”” *=”” p(x)salesprobability=”” of=”” sales-\$1000.20-20.0010,0002,000\$1000.000.0010,0000.00\$2000.3060.0040,00012,000\$3000.3090.0090,00027,000\$4000.2080.00160,00032,000sums:=”” \$1,0001.00210300,00073,000=””>