If a Simulation Begins with the First Random Number, the Third

question 6

Multiple Choice

If a simulation begins with the first random number, the third simulated value would be:
Random numbers: 0.6246, 0.2594, 0.4055
$$\begin{array} { | c | c | } \hline \text { Demand } & \text { Frequency } \\\hline 0 & 0.15 \\\hline 1 & 0.30 \\\hline 2 & 0.25 \\\hline 3 & 0.15 \\\hline 4 & 0.15 \\\hline\end{array}$$

• A) 0.
• B) 1.
• C) 2.
• D) 3.
• E) 4.

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Definitions:

Subsidiary

A company that is controlled by another company, known as the parent company, through the ownership of more than half of its voting stock.

Trade Union

An organization formed by workers from related fields that aims to protect their rights and interests through collective bargaining.

Post-employment Benefit Plan

A financial arrangement designed to provide benefits to employees after their employment has ended, such as pensions.