Complete the following table in preparation for a Monte Carlo simulation

Demand Probability Cumulative Probability Interval of Random Numbers
1 01-20
2 21-25
3 26-50
4 51-80
5 81-00


Demand Probability Cumulative Probability Interval of Random Numbers
1 .2 .2 01-20
2 .05 .25 21-25
3 .25 .5 26-50
4 .3 .8 51-80
5 .2 1 81-00

Business

You might also like to view...

The third component of the conceptual map is "Therefore, we should study (topic)."

Indicate whether the statement is true or false

Business

The ________ method uses information on all pairs of distances, not merely the minimum or maximum distances

A) single linkage B) medium linkage C) complete linkage D) average linkage

Business

Most research evidence shows that self-assessments tend to ______ the individual’s ability to do a job.

A. underrepresent B. accurately represent C. underestimate D. overestimate

Business

Which of the following are protected classes under Title VII of the 1964 Civil Rights Act?

A) Race, national origin, and political affiliation B) Religion, color, and prior welfare eligibility C) National origin, race, and alien status D) Race, national origin, and sex E) Race, religion, and sexual orientation

Business