Thirty years ago, the town of Westfield began taking title to farms lost by their owners as a result of nonpayment of taxes. By now, the town has set out some 3,600 acres of community forest on some of this land. The pine trees have grown well. The town forest yielded a $100,000 net profit on pulpwood last year and $95,000 the year before. Local authorities believe that the net profit on the pulpwood will continue to grow and eventually reach $300,000 per year from the present 3,600 acres.
5)
Westfield's town forest will yield an annual net profit of £300,000 from the present 3,600 acres within two or three years.
O A) True
B) Probably True
Insufficient Data
D) Probably False
E) False

Respuesta :

The answer to the prompt is: Probably True.

What is a Probably True Data?

A probably true data is one that has the chances of occurring based on laid-down speculations. In the text, we learn of the speculations made by the local authorities about the revenue generated by pulpwood.

However, we do not have concrete proof to conclude that the speculations will mature in two or three years. But from the information we have, this might indeed happen.

So, we chose the option; Probably true.

Learn more about probability here:

https://brainly.com/question/25870256