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 average weekly demand for the simulated five week period is
A) 137.50.
B) 140.00.
C) 142.50.
D) 152.50.

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 average weekly demand for the simulated five week period is
A) 137.50. 
B) 140.00. 
C) 142.50. 
D) 152.50.

Quizplus · Accepted Answer

The Answer is B

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