Answer:
Pay-off Probability EV Payoff - Mean (Pay-off - Mean)2.P
$ $
0 0.50 0 -190 18,050
200 0.20 40 10 20
500 0.30 150 210 13,230
Mean 190 Variance 31,300
Standard deviation = √ Variance
Standard deviation = √ 31,300
Standard deviation = 176.92
Explanation:
In this case, we need to determine the mean, which is the product of pay-off and probability. Then, we will deduct the mean from the pay off. raise the difference between the pay-off and mean to power 2 and multiply by probability. This gives the variance of the pay-off. The square root of the variance of the pay-off gives the standard deviation of the pay-off.
Answer:
A net income decrease of $130900 will occur by eliminating the mountain bike division.
Explanation:
Find the attachment
<span>The type of arrangement where the
members of a cross-functional team have an informal agreement that
whenever a team member goes out of town on business, that the team member
will leave a phone number where he can be reached by the other members
of the team is known as group norm.</span>
Answer:
I nk first one d,.............
