Table 14-4
-According to Table 14-4, which presents a summary of the Monte Carlo output from a simulation of 200 runs, there are 5 possible values for the variable of concern. If this variable represents the number of machine breakdowns during a day, what is the probability that the number of breakdowns is 2 or fewer?
A) 0.23
B) 0.31
C) 0.32
D) 0.63
E) None of the above

Question

Table 14-4  
-According to Table 14-4, which presents a summary of the Monte Carlo output from a simulation of 200 runs, there are 5 possible values for the variable of concern. If this variable represents the number of machine breakdowns during a day, what is the probability that the number of breakdowns is 2 or fewer?
A) 0.23 
B) 0.31 
C) 0.32 
D) 0.63 
E) None of the above

Quizplus · Accepted Answer

The probability of 2 or fewer breakdowns is the sum of the probabilities of 0, 1, and 2 breakdowns. If the Monte Carlo output indicates that this sum is 0.63, then that is the correct probability.