Given This Frequency Distribution, the Random Number 0 A) 0
B) 1

question 45

Multiple Choice

Given this frequency distribution, the random number 0.2258 would be interpreted as a demand of:
$$\begin{array} { | c | c | } \hline \text { Demand } & \text { Frequency } \\\hline 0 & 38 \\\hline 1 & 22 \\\hline 2 & 22 \\\hline 3 & 18 \\\hline\end{array}$$

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

---

Definitions:

Downstream Division

Pertains to the part of a corporation involved in the refinement, processing, and sale of the end products derived from raw materials.

Transfer Price

The price at which divisions of a company transact with each other, often used for budgeting and tax purposes.

Market Price

The current price at which a good or service can be bought or sold in a given market.

Marginal Cost

The rise in expenses for the production of an additional unit of a product or service.