After plowing through contracts for a decade, the contract writer knew about how long it took to crank out the material necessary to satisfy a contract's requirements. The distribution could be modeled using the data provided in this table.
$$\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Number of } \
\text { Weeks }
\end{array} & \begin{array} { c }
\text { Random } \
\text { Number Range }
\end{array} \
\hline 2 & 0 - 5 \
\hline 3 & 6 - 15 \
\hline 4 & 16 - 35 \
\hline 5 & 36 - 80 \
\hline 6 & 81 - 99 \
\hline
\end{array}$$
-If each contract is worth $5000 but it costs $300 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94 to represent contract durations?

Question

After plowing through contracts for a decade, the contract writer knew about how long it took to crank out the material necessary to satisfy a contract's requirements. The distribution could be modeled using the data provided in this table.
 $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Number of } \
\text { Weeks }
\end{array} & \begin{array} { c } 
\text { Random } \
\text { Number Range }
\end{array} \
\hline 2 & 0 - 5 \
\hline 3 & 6 - 15 \
\hline 4 & 16 - 35 \
\hline 5 & 36 - 80 \
\hline 6 & 81 - 99 \
\hline
\end{array}$$
-If each contract is worth $5000 but it costs $300 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94 to represent contract durations?

Quizplus · Accepted Answer

The Answer of After plowing through contracts for a decade, the contract writer knew about how long it took to crank out the material necessary to satisfy a contract's requirements. The distribution could be modeled using the data provided in this table.
 $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Number of } \
\text { Weeks }
\end{array} & \begin{array} { c } 
\text { Random } \
\text { Number Range }
\end{array} \
\hline 2 & 0 - 5 \
\hline 3 & 6 - 15 \
\hline 4 & 16 - 35 \
\hline 5 & 36 - 80 \
\hline 6 & 81 - 99 \
\hline
\end{array}$$
-If each contract is worth $5000 but it costs $300 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94 to represent contract durations?

After Plowing Through Contracts for a Decade, the Contract Writer