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Mathematics, 03.02.2020 11:43 20LindleyN

Afirm uses trend production and seasonal factors to simulate cells for a given time period. it’s assigns β€œ0” if sales fall, β€œ1” if sales are steady, β€œ2” if sales rise moderately, and β€œ3” if sales rise a lot. the simulator generates the following output.

0 1 1 2 2 0 1 1 2 3 2 1 2 1 2 2 1 2 3 2 2 2 0 3 1 0 2 1 2 1

estimate the probability that sales will rise at least moderately.

a. 0.452
b. 0.613
c. 0.516
d. 0.512

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