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Solve the Problem 01020001032000021231202030021010102000103200002123120203002101 Estimate the Probability That Sales Will Rise Moderately

Question 73

Multiple Choice

Solve the problem.
-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. 01020001032000021231202030021010102000103200002123120203002101 Estimate the probability that sales will rise moderately.


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

Correct Answer:

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