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Simulation output The following are the statistics calculated from the Micromedia simulation outputs. You can download it in the pdf format: Micromedia simulation output statistics.pdf.
Simulation output The following are the statistics calculated from the Micromedia simulation outputs. You can download it in the pdf format: Micromedia simulation output statistics.pdf. Answer the questions based on the following statistics. Micromedia Simuation Output Statistics Reserved computers 20 25 30 35 10 45 Mear $576.00 $1,186.73 $2,628.00 $3,669.30 $4, 046.18 $4,086.23 Median $0.00 $2,400.00 $4,800.00 $6,000.00 $5,400.00 $5,400.00 Min $27,600.00 $31,200.00 $27,600.00 $29,400.00 $29,400.00 $34,800.00 Max So.0 $2,400.00 $4,800.00 $7,200.00 $9,600.00 $12,000.00 Percentiles 0.05 $4,200.00 -$4,800.00 -$5,400.00 $6,000.00 $6,600.00 $7,200.00 0.25 $0.00 $2,400.00 $1,200.00 $1,200.00 $600.00 $0.00 0.75 SO.0 $2,400.00 $4,800.00 $7,200.00 $9,600.00 $9,000.00 0.99 $0.00 $2,400.00 $4,800.00 $7,200.00 $9,600.00 $12,000.00 Probability >=0 0.858625 0.834375 0.80675 0.795 0.77275 0.754125 >=4000 0.6635 0.63975 0.60575 0.579625 Reserved computers = 30 Reserved computers = 35 Reserved computers = 40 Reserved computers = 4515000 10000 5000 X X X Reserved computers = 20 -5000 Reserved computers = 25 -10000 Reserved computers = 30 -15000 Reserved computers = 35 -20000 Reserved computers = 40 -25000 Reserved computers = 45 -30000 -35000 -40000Select all true statements. O The mean profit of Micromedia is about $3,700 if they reserved 35 computers. The worst possible profit happens when they reserve 25 computers. O There is 50% chance that the profit will be at least $6,000 if they reserve 35 computers. O There is not much difference between the mean profits if they reserve 40 or 45 computers.Select all true statements. C The best maximum profit is achieved by reserving 45 computers. If 20 computers are reserved, the best profit they can get is always $0. O The probability of making less than $5,400 is higher when they reserve 40 computers than when they reserve 45 computers. C The best mean profit is achieved by reserving 45 computers.If they reserve 40 computers, the probability of making more than $9,600 is Your Answer: :] Answer About 5% of the time, the profit will be less than or equal to ___ if they reserve 20 computers. Your Answer: :] The probability of making more than $4,000 is ___ if they reserve 40 computers. Your Answer: AnswerAccording to the boxplot and histograms, which number of reserved computers show highest variations in the profit?
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