Table 13-5
-According to Table 13-5,which presents a summary of the Monte Carlo output from a simulation of 200 runs,there are 5 possible values for the variable of concern.If this variable represents the number of machine breakdowns during a day,what is the probability that the number of breakdowns is 2 or fewer?
A)0.23
B)0.31
C)0.32
D)0.63
E)None of the above

Question

Table 13-5  
-According to Table 13-5,which presents a summary of the Monte Carlo output from a simulation of 200 runs,there are 5 possible values for the variable of concern.If this variable represents the number of machine breakdowns during a day,what is the probability that the number of breakdowns is 2 or fewer?
A)0.23 
B)0.31 
C)0.32 
D)0.63 
E)None of the above

Quizplus · Accepted Answer

The probability of 2 or fewer breakdowns is the sum of the probabilities of 0, 1, and 2 breakdowns. If the Monte Carlo output shows that this sum is 0.63, then that is the correct probability.