Spectrum provides cable television and Internet service to over 15 million customers. Suppose that the management of Spe

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Spectrum Provides Cable Television And Internet Service To Over 15 Million Customers Suppose That The Management Of Spe 1 (17.66 KiB) Viewed 123 times

Spectrum provides cable television and Internet service to over 15 million customers. Suppose that the management of Spectrum subjectively assesses a probability distribution for the number of new subscribers next year in the state of New York as follows. () 100,000 2 0.10 200,000 0.19 300,000 0.25 400,000 0.29 500,000 0.09 600,000 0.08 a. Is this probability distribution valid? Yes b. What is the probability Spectrum wil obtain more than 100,000 new subscribers? (to 2 decimals) c. What is the probability Spectrum will obtain fewer than 500,000 new subscribers? (to 2 decimals)