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A Firm Uses Trend Projection and Seasonal Factors to Simulate 0102000103200002123120203002101\begin{array}{llcc}0&1&0&2&0&0&0&1&0&3&2&0&0&0&0&2&1&2&3&1&2&0&2&0&3&0&0&2&1&0&1\end{array}

Question 67

Multiple Choice

A firm uses trend projection and seasonal factors to simulate sales for a given time period. It assigns "0" if sales fall, "1" if sales are steady, "2" if sales rise moderately, and "3" if sales rise a lot.
The simulator generates the following output. 0102000103200002123120203002101\begin{array}{llcc}0&1&0&2&0&0&0&1&0&3&2&0&0&0&0&2&1&2&3&1&2&0&2&0&3&0&0&2&1&0&1\end{array}
Estimate the probability that sales will rise moderately.


A) 0.312
B) 0.226
C) 0.258
D) 0.233

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