I am stuck on trying to understand what seems like a simple problem!
"A store manager predicts that his sales for a certain day of the week will be $\$150,000.00$. An independent assessor following the store's day-to-day sales says that the probability of the store's sales for this same day being $>=\$150,000$ is 0.35. Therefore, what is a more reasonable estimate for the store's sales for the day?"
The only thing I could think of was to compute $150000\cdot0.35= 52500$, but I don't know why this should be correct. Any ideas?