Marketing estimates that a new instrument for the analysis of soil samples will be very successful, moderately successful, or unsuccessful, with probabilities 0.30, 0.56, and 0.14, respectively. The...

Extracted text: Marketing estimates that a new instrument for the analysis of soil samples will be very successful, moderately successful, or unsuccessful, with probabilities 0.30, 0.56, and 0.14, respectively. The yearly revenue associated with a very successful, moderately successful, or unsuccessful product is $16 million dollars, $8 million dollars, and $1 million dollars, respectively. Let the random variable X denote the yearly revenue of the product in millions of dollars. Evaluate the cumulative distribution function of X at specified values. Round your answers to two decimal places (e.g. 98.76). F(1) = i F(8) : i F(16) : i