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On a Good Day a Distributor Will Have $5,000 of Inventory

Question 21

Multiple Choice

On a good day a distributor will have $5,000 of inventory sales;on a medium day sales of $3,000;on a bad day only $1,000.Suppose you have data on this distributor's sales for the past 100 days and that she had 25 good days,50 medium days and 25 bad days.If you draw a random number to represent her sales for the first simulated day and that number were 89,which of the following were her simulated sales? (Note: arrange the random number interval probability distribution so it starts with a good day at 00 followed by a medium day,etc.


A) $5,000
B) $3,000
C) $2,500
D) $1,000
E) Can not be determined

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