Solve the Problem $1 =$ HIT And $0 =$ OUT the Output from the Simulation Was as Follows

question 213

Multiple Choice

Solve the problem.
-Swinging Sammy Skor's batting prowess was simulated to get an estimate of the probability that Sammy will get a hit. Let $1 =$ HIT and $0 =$ OUT. The output from the simulation was as follows.
$\begin{array} { l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l } 1 & 0 & 0 & 0 & 1 & 0 & 0 & 1 & 0 & 0 & 1 & 1 & 1 & 0 & 0 & 0 & 0 & 1 & 1 & 1 & 1 & 0 & 0 & 0 & 0 & 1 & 1 & 0 & 0 & 1 & 1 & 1 & 1 & 0 & 0 & 0 & 0 & 0 & 1 & 1 & 1 & 1 \end{array}$
Estimate the probability that he gets a hit.

• A) \(0.476\)
• B) \(0.301\)
• C) \(0.286\)
• D) \(0.452\)

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Definitions:

Costing Accuracy

This refers to the preciseness and reliability of costing methods used to estimate or determine the actual costs of production, operations, or projects.

Activity-Based Costing Rates

Rates determined by dividing specific overhead costs by the cost drivers associated with those costs, enabling more accurate product cost assessments.

Cost Drivers

Factors that cause the cost of an activity or operation to change.

Unit-Level Drivers

Factors that directly cause the cost of a specific activity, usually proportional to the volume of units produced or serviced.