Question
1)Simulate the profit per unit of new product for 10 trials. 2)Calculate the average total cost and average profit. 3)Management believes that the project may
1)Simulate the profit per unit of new product for 10 trials.
2)Calculate the average total cost and average profit.
3)Management believes that the project may not be profitable if the profit per unit is less than RM5. What is the probability that the project may not be profitable?
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How To Prove It A Structured Approach
Authors: Daniel J Velleman
2nd Edition
0511159439, 9780511159435
