Determining the income after taxes


A study of 200 computer service firms revealed these incomes after taxes:

Income After Taxes

Number of Firms

Under $1 million

102

$1 million up to $20 million

61

$20 million and more

37

What is the probability that a particular firm selected has $1 million or more in income after taxes?

A) 0.00

B) 0.25

C) 0.49

D) 0.51

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Basic Statistics: Determining the income after taxes
Reference No:- TGS0682008

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