Five-Digit Random Numbers Are Used to Simulate Scores on Each

question 1

Multiple Choice

Five-digit random numbers are used to simulate scores on each hole in an 18-hole round c The correspondence between the random numbers and scores on each hole is chosen to bc follows.
$\begin{array}{l|c}\text { Numbers } & \text { Score (Probability) } \\\hline 00000 & \text { Hole-in-one }(0.001 \%) \\00001-05000 & \text { Eagle }(5 \%) \\05001-20000 & \text { Birdie }(15 \%) \\20001-60000 & \text { Par }(40 \%) \\60001-90000 & \text { Bogey }(30 \%) \\90001-99999 & \text { Double-Bogey }(10 \%) \end{array}$

Use the following portion of a random numbers table starting with the highlighted numbe and determine how many holes the simulated golfer made par or better (i.e., how many holes-in-one, eagles, birdies, and pars were obtained in the 18 holes) . Use the highlightec as the score on the first hole; work down a column moving from left to right, column to $\mathrm { c }$ : needed.

olf. number
Lumn as

• A) 13
• B) 10
• C) 12
• D) 11

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Definitions:

Average Assets

The average value of a company's assets over a specific period of time, used in calculating metrics such as return on average assets (ROAA).

ROI

Return on Investment, a measure used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.

Controllable Margin

The portion of income that can be directly controlled or influenced by management decisions, often excluding fixed costs.

Operating Assets

Assets used in the day-to-day operations of a business, contributing to its ability to generate income.