Complete the Following Table in Preparation for a Monte Carlo

question 102

Essay

Complete the following table in preparation for a Monte Carlo simulation. A random number of 81 is generated, what is the demand?
$$\begin{array} { | c | c | c | c | } \hline \text { Demand } & \text { Probability } & \begin{array} { c } \text { Cumulative } \\\text { Probability }\end{array} & \begin{array} { c } \text { Interval of Random } \\\text { Numbers }\end{array} \\\hline 0 & & .2 & \\\hline 2 & & & 21 - 40 \\\hline 3 & & 4 & \\\hline 4 & & & \\\hline & & & 85 - 100 \\\hline\end{array}$$

---

Definitions:

Statutes

Written laws enacted by legislatures at the federal, state, or local level.

Federal Statute

A law enacted by the national government of a country that applies throughout the country and supersedes state laws in areas of federal jurisdiction.

Equitable Principle

Legal maxims or foundational principles aimed at achieving fairness in judicial decisions.

State Constitution

The fundamental governing document of a U.S. state, outlining the structure, functions, and powers of state government and securing rights to its citizens.