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A business venture can result in the following outcomes (with their corresponding chance of occuring in parenthesis); Highly Successful (5%), Successful (20%), Break Even (10%), Disappointing (25%), and Highly Disappointing (?). If these are the only outcomes possible for the business venture, what is the chance that the business venture will be considered Highly Disappointing?

a. 15%
b. 20%
c. 30%
d. 40%

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9107295

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