# Do I include more than the 2's? So confused

label Statistics
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A firm uses trend projection and seasonal factors to simulate sales for a given time period. It assigns "0" if sales fall, "1" if sales are steady, "2" if sales rise moderately, and "3" if sales rise a lot. The simulator generates the following output.

0 1 1 2 2 0 1 1 2 3 2 1 2 1 2 2 1 2 3 1 2 2 2 0 3 1 0 2 1 2 1

Estimate the probability that sales will rise at least moderately.

Jun 4th, 2015

Thank you for the opportunity to help you with your question!

There are 31 simulated sales in the sample and 16 have a value of 2 or 3.
16/31 = 0.516

The answer is 0.516

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 4th, 2015

Ty. I wasn't sure if I included the 3 variable  or not.

Jun 4th, 2015

you can  include the 3 variable

Jun 4th, 2015

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Jun 4th, 2015
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Jun 4th, 2015
Nov 20th, 2017
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