Solved

A Firm Uses Trend Projection and Seasonal Factors to Simulate 0 1 0 2 2 0 0 2 3 2 0 2 0 2 2 1 2 3 1 2 2 2 0 3 0 0 2 1 2 10~1~0~2~2~0~0~2~3~2~0~2~0~2~2~1~2~3~1~2~2~2~0~3~0~0~2~1~2~1

Question 38

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.
0 1 0 2 2 0 0 2 3 2 0 2 0 2 2 1 2 3 1 2 2 2 0 3 0 0 2 1 2 10~1~0~2~2~0~0~2~3~2~0~2~0~2~2~1~2~3~1~2~2~2~0~3~0~0~2~1~2~1
Estimate the probability that sales will rise at least moderately.


A) 0.613
B) 0.516
C) 0.512
D) 0.452

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions