Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Well in this situation the wisest thing to do is to start with your project as soon as possible, start preparing for it and gather all the materials needed in time for the project.
Answer:
Screening
Explanation:
Screening is a process in product development that evaluates and compares ideas that are put together for a business.
Simply put, screening is the checking and analyzing of ideas about a new product to ensure that the best idea is utilized to ensure profit.
Screening is done because every idea suggested cannot be good enough or useful for an organization and as such have to be trimmed off or trashed entirely to enable one use the best approach from other ideas.
I hope this helps.
Answer:
a: 12.8%
Explanation:
Standard Deviation would be calculated with the probability approach since there is probability given in the question.
- Formula of Standard Deviation and the solution is given in the pictures below.
- Although ERR the required part to calculate Standard Deviation is calculated in the text.
Calculating ERR:
ERR= Sum of Probabilities × Rate of returns.
In our question = ERR= 0.2 × 30% + 0.5 × 10% + 0.3 × (-6%) = 0.128 = 12.8%
Thus, by putting all the values in the formula you will get the answer 12.8%.