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    Trend projection and seasonal factors to simulate sales

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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 remain steady.

    © BrainMass Inc. brainmass.com June 3, 2020, 11:30 pm ad1c9bdddf
    https://brainmass.com/statistics/probability/trend-projection-seasonal-factors-simulate-sales-281953

    Solution Summary

    Trend projection and seasonal factors to simulate sales are examined.

    $2.19

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