By randomly drawing values of P and Q from a set of analogous products and modeling as
Question:
By randomly drawing values of P and Q from a set of analogous products and modeling as a normal random variable, you can simulate the range of possible product sales.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Marketing Analytics: Data-Driven Techniques With Microsoft Excel
ISBN: 216520
1st Edition
Authors: Wayne L Winston
Question Posted: