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

question 33

Multiple Choice

Given this frequency distribution, the random number 0.5211 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.

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Definitions:

Financial Interest

An economic stake or concern in an entity or transaction, potentially influencing personal or organizational decisions and behavior.

Outsourcing

The practice of hiring third-party vendors to perform tasks, handle operations, or provide services that are either difficult to manage or outside the core competencies of the hiring company.

IT Gap

The discrepancy between an organization's current information technology capabilities and the technology needed to achieve its goals or meet demand.

Integrate IT Systems

The process of linking together different computing systems and software applications physically or functionally to operate as a coordinated whole.