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Author Question: A firm uses trend projection and seasonal factors to simulate sales for a given time period. It ... (Read 103 times)

beccaep

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A firm uses trend projection and seasonal factors to simulate sales for a given time period. It
  assigns 0 if sales fall, 1 if sales are steady, 2 if sales rise moderately, and 3 if sales rise a lot.
 
  The simulator generates the following output.
  0 1 0 2 2 0 0 1 2 3 2 0 2 0 2 2 1 2 3 1 2 2 2 0 3 0 0 2 1 2 1
  Estimate the probability that sales will rise at least moderately.
  A) 0.613 B) 0.516 C) 0.512 D) 0.452

Question 2

A student earned grades of B, B, A, C, and D. Those courses had these corresponding numbers of
  credit hours: 4, 5, 1, 5, 4. The grading system assigns quality points to letter grades as follows:
  A = 4, B = 3, C = 2, D = 1, and F = 0.
 
  Compute the grade point average (GPA) and round the result
  to two decimal places.
  A) 9.00 B) 3.46 C) 2.37 D) 1.37



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Jane

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Answer to Question 1

B

Answer to Question 2

C




beccaep

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Reply 2 on: Jul 25, 2018
Thanks for the timely response, appreciate it


raenoj

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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