Demand for Microwave Ovens -Consider the Demand for Microwave Ovens Dataset

question 61

Multiple Choice

Demand for Microwave Ovens $$\begin{array} { | l | l | l | l | l | } \hline \begin{array} { l } \text { Demand } \\\text { for } \\\text { Microwave } \\\text { Orens }\end{array} & \begin{array} { l } \text { Frequency } \\\text { of } \\\text { Dccumrence } \\\text { in Days }\end{array} & \text { Probability } & \begin{array} { l } \text { Cumulative } \\\text { Frobability }\end{array} & \begin{array} { l } \text { Random } \\\text { Number } \\\text { Inferval }\end{array} \\\hline 0 & 20 & 10.00 \% & 10.00 \% & 0 \text { to } 9 \\\hline 1 & 40 & 20.00 \% & 30.00 \% & 10 \text { to } 29 \\\hline 2 & 70 & 35.00 \% & 65.00 \% & 30 \text { to } 64 \\\hline 3 & 50 & 25.00 \% & 90.00 \% & 65 \text { to } 89 \\\hline 4 & 10 & 5.00 \% & 95.00 \% & 90 \text { to } 94 \\\hline 5 & 10 & 5.00 \% & 100.00 \% & 95 \text { to } 99 \\\hline\end{array}$$
-Consider the Demand for Microwave Ovens dataset.What is the total demand corresponding to random numbers 47,43,99,57,95,and 36?

• A)16
• B)17
• C)18
• D)19

---

Definitions:

Stock Dividend

A dividend payment made in the form of additional shares of stock, rather than cash.

Basic Earnings Per Share

A financial metric that measures a company's profitability by dividing its net income by the weighted average number of common shares outstanding during the period.

EPS Disclosure

The requirement for public companies to report earnings per share (EPS) on their income statements, providing a direct measure of their profitability to shareholders.

GAAP

The Generally Accepted Accounting Principles, are the set of accounting standards that guide and standardize accounting practices to ensure consistency, reliability, and comparability of financial reports.