Statistic assignment
desond
BellComputerCompanydataset.xlsxCase 1
| Medium-Scale | Large-Scale | ||||
| Expansion Profits | Expansion Profits | ||||
| Annual Profit ($1000s) | P(x) | Annual Profit ($1000s) | P(x) | ||
| Demand | Low | 50 | 20% | 0 | 20% |
| Medium | 150 | 50% | 100 | 50% | |
| High | 200 | 30% | 300 | 30% | |
| Expected Profit ($1000s) | |||||
| Risk Analysis for Medium-Scale Expansion | |||||
| Demand | Annual Profit (x) $1000s | Probability P(x) | (x - µ) | (x - µ)2 | (x - µ)2 * P(x) |
| Low | 50 | 20% | |||
| Medium | 150 | 50% | |||
| High | 200 | 30% | |||
| σ2 = | |||||
| σ = | |||||
| Risk Analysis for Large-Scale Expansion | |||||
| Demand | Annual Profit (x) $1000s | Probability P(x) | (x - µ) | (x - µ)2 | (x - µ)2 * P(x) |
| Low | 0 | 20% | |||
| Medium | 100 | 50% | |||
| High | 300 | 30% | |||
| σ2 = | |||||
| σ = |
