Create a Distribution of Random Numbers That Would Result in Average

question 99

Essay

Create a distribution of random numbers that would result in average demand per period for a Monte Carlo simulation that is equivalent to the expected demand per period using the data given by the chart below.
$$\begin{array} { | c | c | c | c | } \hline \text { Demand } & \text { Probability } & \begin{array} { c } \text { Cumulative } \\\text { Probability }\end{array} & \begin{array} { c } \text { Interval of Random } \\\text { Numbers }\end{array} \\\hline 0 &. & & \\\hline 1 & .15 & & \\\hline 2 & .4 & & \\\hline 3 & .15 & & \\\hline 4 & .2 & & \\\hline\end{array}$$

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Definitions:

Query Design View

A graphical interface in database systems that aids users in creating and modifying queries by visually arranging tables and fields.

Field Selector

A tool or feature in software applications that allows users to choose specific fields or data elements from a database or dataset for operations like sorting and filtering.

One-To-Many Relationship

A relationship in database design where a record in one table can relate to multiple records in another table, signifying a hierarchical structure.

Default Value

The initial value assigned to a variable, field, or parameter if no other value is specified.