Good CDs Brian Is a Systems Manager for a Large

question 86

Essay

Good CDs Brian is a systems manager for a large company. In his work, he has found that about 5% of all CDs he orders are bad. He needs to give one of the executives at his company five good CDs. Conduct a simulation to estimate how many CDs Brian will have to check to get five good CDs for the executive.
a. Describe how you will use a random number table to conduct this simulation.
b. Show three trials by clearly labeling the random number table given below. Specify the outcome for each trial.

$\begin{array}{|c|c|c|}\hline \text {Trial }& \text { Simulation} & \text { Outcome} \\\hline \# 1 & 03242\quad50692\quad18977\quad28370 & \\\hline \# 2 & 78695\quad21402\quad85525\quad81183 & \\\hline \# 3 & 60809\quad06765\quad39996\quad81915 & \\\hline\end{array}$

c. State your conclusion.

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Definitions:

Selling Process

A series of steps taken by a salesperson to persuade potential buyers to purchase a product or service, from initial contact to closing the sale.

FAB Process

A sales strategy focusing on Features, Advantages, and Benefits of a product or service, aimed at highlighting its uniqueness and value to the customer.

Strong Desire

An intense longing or yearning for something, which can drive motivation and action toward achieving specific goals or outcomes.

Product

An item or service that is manufactured or provided to meet the needs and wants of consumers.