Mathematics, 03.02.2020 11:43 20LindleyN
Afirm uses trend production and seasonal factors to simulate cells for a given time period. itβs assigns β0β if sales fall, β1β if sales are steady, β2β if sales rise moderately, and β3β 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
Answers: 2
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Afirm uses trend production and seasonal factors to simulate cells for a given time period. itβs ass...
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