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Put all of this together to simulate the lost revenue due to copier breakdowns over 1 year to answer the question asked in the case study.

In a word processing program, write a brief description/explanation of how you implemented each component of the model. Write 1-2 paragraphs for each component of the model (days-to-repair; interval between breakdowns; lost revenue; putting it together).

Answer the question posed in the case study. How confident are you that this answer is a good one? What are the limits of the study? Write at least one paragraph.

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  • Category:- Statistics and Probability
  • Reference No.:- M9419957

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