A company manager noticed that monthly income and costs are random. He summarized the last three...

 

Transcribed Image Text:

A company manager noticed that monthly income and costs are random. He summarized the last three years in the table below (in thousands.) If the random numbers generated using Monte Carlo simulation were 0.18 for Revenue and 0.58 for Total Cost, what is the total profit? Seleccione una: O 1. -5 O 2. 0 O 3. 5 O 4. 10 O 5. 15 Number of months 10 14 5 7 Revenue $15 $20 $10 $25 Total Cost $5 $10 $15 $20 A company manager noticed that monthly income and costs are random. He summarized the last three years in the table below (in thousands.) If the random numbers generated using Monte Carlo simulation were 0.18 for Revenue and 0.58 for Total Cost, what is the total profit? Seleccione una: O 1. -5 O 2. 0 O 3. 5 O 4. 10 O 5. 15 Number of months 10 14 5 7 Revenue $15 $20 $10 $25 Total Cost $5 $10 $15 $20

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 3 5 The total profit is calcula... View the full answer