1. Greenfields is a mail order seed and plant business. The size of orders is uniformly distributed...

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1. Greenfields is a mail order seed and plant business. The size of orders is uniformly distributed over the interval from $25 to $80. Use the following random numbers to generate the size of 10 orders.
.41 .99 .07 .05 .38 .77 .19 .12 .58 .60
2. An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below.
Domestic Flights REL Freq. Make Reservations RN Range Less than 1 in advance 25 1 week to 2 in advance Over 2 months in
International Flights Make Reservations REL Freq. 25 RN Range Less than 1 in advance 1 week to 2 in advance .35 2 months

Place the appropriate random number ranges in the tables above.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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