Time Warner Cable provides television and Internet service to over 15 million people. Suppose that the management of Tim
Posted: Wed Jul 06, 2022 12:15 pm
Time Warner Cable provides television and Internet service to over 15 million people. Suppose that the management of Time Warner Cable subjectively assesses a probability distribution for the number of new subscribers next year in the state of New York as follows. 100,000 200,000 300,000 400,000 500,000 600,000 a. Is this probability distribution valid? - Select your answer- ! b. What is the probability Time Warner will obtain more than 500,000 new subscribers? (to 2 decimals) c. What is the probability Time Warner will obtain fewer than 300,000 new subscribers? (to 2 decimals) 0.10 0.21 0.25 0.31 0.10 0.03