Question: Solve this with simulation, using the random numbers below 45, 90, 84, 17, 74, 94, 07, 15, 04, 31, 07, 99, 97, 73, 13, 03,

Solve this with simulation, using the random

Solve this with simulation, using the random numbers below

45, 90, 84, 17, 74, 94, 07, 15, 04, 31, 07, 99, 97, 73, 13, 03, 62, 47, 99, 75

19. The financial success of the Downhill Ski Resort in the Blue Ridge Mountains is dependent on the amount of snowfall during the winter months. If the snowfall averages more than 40 inches, the resort will be successful; if the snowfall is between 20 and 40 inches, the resort will receive a moderate financial return; and if snowfall averages less than 20 inches, the resort will suffer a financial loss. The financial return and probability, given each level of snowfall, follow: Snowfall Level (in.) Financial Return > 40.4 $120,000 20-40,2 40,000

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