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Mathematics, 28.06.2020 02:01 jadacherry

An analyst plans to use a Monte Carlo experiment to simulate daily demand. The probability distribution for the daily demand for heaters is as follows. Daily demand for heaters Probability Random number intervals 0 .10 00-09 1 .15 10-24 2 .20 25-44 3 .20 45-64 4 .25 5 .10 The analyst is trying to assign random number intervals for each of the demand levels. She has done so for the first four levels. If a total of 100 two-digit numbers are used in a simulation, what random number intervals should the analyst assign to the 4 and 5 heater demand levels, respectively

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An analyst plans to use a Monte Carlo experiment to simulate daily demand. The probability distribut...
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