A Small Company Has Either a Good Day of Sales

question 43

Multiple Choice

A small company has either a good day of sales with an average of $50,000 or a bad day with an average of only $10,000 for the day.To simulate these outcomes,random numbers from 00 to 99 should be assigned with the intervals determined from the frequency distribution.If,during the last 50 days,that the vendor had 15 good days and 35 bad days,which of the following is a correct random number interval for a bad day?

• A)00 to 49
• B)15 to 35
• C)30 to 99
• D)15 to 99
• E)00 to 60

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Definitions:

Verbalism

An excessive focus on words rather than on substance or reality, often resulting in empty talk or jargon.

Paraphrasing

the process of rewording or rephrasing a text or passage to achieve clearer understanding without changing its original meaning.

Focus

The center of interest or activity; to concentrate attention or efforts on a particular object or activity.

Room Lights

Lighting fixtures and arrangements designed to illuminate an interior space, affecting its ambiance and functionality.