A lumber company sells 8-foot 2x4's to construction companies in three states.They have historical sales demand (in thousands) for the past 26 weeks, as shown below:
They are interested in determining the average number of sales per category for the next five weeks using simulation.They generated the following random numbers for weeks 1-5 respectively: 63, 13, 67, 50, and 71.
a.Based on a scale of 0-99, what random number range should be allocated to sales category of 11-20?
b.What is the average sales corresponding to week 2?
c.What is the average sales over all five weeks?

Question

A lumber company sells 8-foot 2x4's to construction companies in three states.They have historical sales demand (in thousands) for the past 26 weeks, as shown below:
   They are interested in determining the average number of sales per category for the next five weeks using simulation.They generated the following random numbers for weeks 1-5 respectively: 63, 13, 67, 50, and 71. 
a.Based on a scale of 0-99, what random number range should be allocated to sales category of 11-20?
b.What is the average sales corresponding to week 2?
c.What is the average sales over all five weeks?

Quizplus · Accepted Answer

The Answer of A lumber company sells 8-foot 2x4's to construction companies in three states.They have historical sales demand (in thousands) for the past 26 weeks, as shown below:
   They are interested in determining the average number of sales per category for the next five weeks using simulation.They generated the following random numbers for weeks 1-5 respectively: 63, 13, 67, 50, and 71. 
a.Based on a scale of 0-99, what random number range should be allocated to sales category of 11-20?
b.What is the average sales corresponding to week 2?
c.What is the average sales over all five weeks?

A Lumber Company Sells 8-Foot 2x4's to Construction Companies in Three