The Weekly Demand for a Company's Product Follows the Probability

question 21

Multiple Choice

The weekly demand for a company's product follows the probability distribution below. Use the following random numbers to simulate the product's demand for the next five weeks: 72,27,93,17,47.
If the first random number interval begins with 0 then the estimated average weekly demand for the simulated five week period is

• A)137.50.
• B)140.00.
• C)142.50.
• D)152.50.

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Definitions:

Family Life

The routine interactions, activities, and relationships among members of a household, including parents, children, and extended relatives.

Labor Force

Consists of all the working-age individuals who are employed or actively seeking employment within an economy.

Occupational Segregation

A pattern in which different groups of workers are separated into different occupations.

Secretaries

Administrative professionals responsible for managing correspondence, maintaining files, and executing other office tasks to support an organization or individual.