Historical records on a certain product indicate the following behavior for demand. The data represent the 288 days that the business was open during 2000. Convert these data into random number intervals.
Definitions:
Quarterly Payments
Payments made four times a year at three-month intervals, often used in loan repayments.
Semi-Annually Compounded
Refers to the process of calculating and adding interest to a principal sum twice a year.
Weekly Payments
Payments that are made once every week, often used in employment or loan repayment plans.
Annually Compounded
Describes the process where interest is added to the principal sum of a loan or investment once per year, allowing the interest to accumulate over time.
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