A Firm Uses Trend Projection and Seasonal Factors to Simulate $$0102200123202022123122203002121$$

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. $$0102200123202022123122203002121$$ Estimate the probability that sales will rise at least moderately.

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