STAT 201 Saudi electronic automobile parts manufacturer demand
See the attached file
Example :
- A diaper making company has opened a cloth diaper service. Company is interested in simulating the number of diapers required for a one-year- old. It hopes to use this data to show the cost effectiveness of cloth diapers. The table below shows the number of diapers demanded daily and the cumulative probabilities associated with each level of demand.
- Find the missing values and .
- Find the probability of each of daily demand?
- If the random number 35 were generated for a particular day, what would be the simulated demand for that day?
Daily Demand
Cumulative Probability
Interval of
Random Numbers
3
0.10
01-10
4
0.35
11-35
5
36-60
6
0.90
61-90
7
91-00