Question: The two largest cable providers are Comcast cable Connections, with 21.5 million subscribers, and Time Warner Cable with 11.0 million subscribers. Suppose 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.

a) What is the probability that Time warner will obtain more than 400,000 new subscribers?

b) Comment on the likelihood that there will be 700,000 new subscribers.

c) What is the expected value for the mean number of new subscribers?