Solve the Problem $$0102000103200002123120203002101$$ Estimate the Probability That Sales Will Remain Steady

question 151

Multiple Choice

Solve the problem.
-A firm uses trend projection and seasonal factors to simulate sales for a given time period. It assigns "0" if sales fall, "1" if sales are steady, "2" if sales rise moderately, and "3" if sales rise a lot. The simulator generates the
Following output. $$0102000103200002123120203002101$$ Estimate the probability that sales will remain steady.

• A) 0.258
• B) 0.125
• C) 0.412
• D) 0.194

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