Solve the problem.
-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. Estimate the probability that sales will remain steady.
A) 0.258
B) 0.125
C) 0.412
D) 0.194
Correct Answer:
Verified
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