Nationwide income from monthly sales data (rounded to the nearest $100,000) of Stay Flat vacuum hold-down tables for last year was collected. Estimate the expected value of monthly income if economic conditions remain the same.
 FIGURE 1.png)
E(Income) = 1/12[500,000(4) + 600,000(2)+ 700,000(1) + 800,000(2) + 900,000(3)]
= 8,200,000/12
= $683,333
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