Examlex

Solved

Use This Information and Output to Answer the Following Questions

question 7

Multiple Choice

Use this information and output to answer the following questions.
Rentals-R-Us specializes in 4WD car rentals.The number of rentals per month typically ranges between 10 and 50.You may assume equal probability for the number of rentals to assume any value in that range.The monthly operating costs for Rentals-R-Us can range anywhere from $2,000 to $4,000,with $3,000 being the most probable cost.Each rented vehicle generates $55 in revenues.You decide to build a simulation model in Crystal Ball to simulate monthly profits.
 A  B 1 Rentals-R-Us 2 Number of car rentals 503 Rental per car $554 Monthly operating costs $2,0005 Profit or loss $750\begin{array} { | l | l | c | } \hline & { \text { A } } & \text { B } \\\hline 1 & \text { Rentals-R-Us } & \\\hline 2 & \text { Number of car rentals } & 50 \\\hline 3 & \text { Rental per car } & \$ 55 \\\hline 4 & \text { Monthly operating costs } & \$ 2,000 \\\hline 5 & \text { Profit or loss } & \$ 750 \\\hline\end{array}
-Refer to the table.What is the appropriate distribution for the variable "Monthly operating costs"?


Definitions:

Psychiatric Model

a framework used in psychiatry that outlines the theories and principles for understanding, diagnosing, and treating mental disorders.

Dissociative Identity Disorder

A psychological condition characterized by the presence of two or more distinct personality states within a single individual, previously known as multiple personality disorder.

Distinct Personalities

Refers to the presence of two or more distinct and relatively enduring personality states within a single individual, often related to dissociative identity disorder.

One Body

a concept that could refer to a unified or holistic approach to something, emphasizing the integration or unity of parts.

Related Questions