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Commerce · Q149

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 149

Q149

Next year, sales may rise, fall or remain the same as this year, with the following respective probabilities: 0.56, 0.23 and 0.21. The probability of sales remaining the same or falling is:

A.
0.05
B.
0.12
C.
0.13
D.
0.44
Answer

Answer: Option D

Solution

Answer: Option D
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