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Probability Simulation

  1. #1
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    01-29-2007
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    Probability Simulation

    How do I go about simulating profits for an event that the spectators are based on weather.

    Weather Probability
    Clear .5
    Cloudy .3
    Rain .2
     If weather is clear, the number of spectator would be 1,500.
     If weather is cloudy, the number of spectator would be 1,000.
     If weather is rain, the number of spectator would be 300.

    I know you're supposed to use Random numbers but I have no clue otherwise. If I find out the spectators through probability, I can calculate profit by myself.

    How do I Set this up?
    Last edited by anil099; 02-13-2007 at 03:53 PM.

  2. #2
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    01-29-2007
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    10
    Help Please Im Going Crazy Over This Problem

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