The weekly demand for a company's product follows the probability distribution below. Use the following random numbers to simulate the product's demand for the next five weeks: 72,27,93,17,47.
If the first random number interval begins with 0 then the estimated total demand for the simulated five week period is
A)700.
B)650.
C)625.
D)550.

Question

The weekly demand for a company's product follows the probability distribution below.  Use the following random numbers to simulate the product's demand for the next five weeks: 72,27,93,17,47.
If the first random number interval begins with 0 then the estimated total demand for the simulated five week period is
A)700. 
B)650. 
C)625. 
D)550.

Quizplus · Accepted Answer

The Answer of The weekly demand for a company's product follows the probability distribution below.  Use the following random numbers to simulate the product's demand for the next five weeks: 72,27,93,17,47.
If the first random number interval begins with 0 then the estimated total demand for the simulated five week period is
A)700. 
B)650. 
C)625. 
D)550.

The Weekly Demand for a Company's Product Follows the Probability