On a Good Day,Joe Will Sell an Average of $50,000

question 37

Multiple Choice

On a good day,Joe will sell an average of $50,000 of product.On a medium day he will sell $25,000 and on a bad day he will sell only $10,000.Suppose you observe Joe's business for 100 days and,during that time,he had 15 good days,40 medium days and 45 bad days.If you draw a random number to represent his sales for the first simulated day and that number were 47,what kind of simulated day did Joe's business have? (Note: arrange the random number interval probability distribution so it starts with a good day at 00 followed by a medium day,etc. )

• A)A good day
• B)A medium day
• C)A bad day
• D)Can not be determined
• E)Between medium and bad

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Definitions:

Inductive Proximity Sensor

A type of sensor that is used to detect the presence of metallic objects without physical contact by utilizing the principles of induction.

Light Beam

A stream of light particles (photons) traveling in the same direction, used in various applications including communication and measurement.

Sensor

A device that detects or measures a physical property (such as temperature, light, pressure) and records, indicates, or otherwise responds to it.