SOLUTION: X: $700, $1300, $1500 P(x): 0.30, 0.50, 0.10 Calculate P(x<1300)

Question 802630: X: $700, $1300, $1500
P(x): 0.30, 0.50, 0.10
Calculate P(x<1300)
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
X: $700, $1300, $1500
P(x): 0.30, 0.50, 0.10
Calculate P(x<1300)
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The only value less than 1300 is x = 700
So P(x < 1300) = P(x = 700) = 0.3
===============
Note: It seems that some x-value is missing because
your probabilities do not add up to 1.
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Cheers,
Stan H.
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