Examlex

Solved

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

question 7

Multiple Choice

Demand for Microwave Ovens  Demand  for  Microwave  Orens  Frequency  of  Dccumrence  in Days  Probability  Cumulative  Frobability  Random  Number  Inferval 02010.00%10.00%0 to 914020.00%30.00%10 to 2927035.00%65.00%30 to 6435025.00%90.00%65 to 894105.00%95.00%90 to 945105.00%100.00%95 to 99\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 70,22,20,13,75,and 18?


Definitions:

Accounting Policies

The exclusive doctrines, fundamentals, customs, laws, and strategies adopted by a firm in assembling and revealing its financial documentation.

Mathematical Mistakes

Errors made in calculations, often due to incorrect addition, subtraction, multiplication, or division, affecting the accuracy of financial statements.

Material

The quality of information that exists when the omission or misstatement of the information could influence the decision that users make.

Related Questions