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...


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A firm uses trend projection and seasonal factors to simulate sales for a given time period. It<br>assigns

Extracted text: 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. 0102200123202022123122203002121 Estimate the probability that sales will rise at least moderately. B) 0.516 A) 0.613 C) 0.512= D) 0.452

Jun 01, 2022
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