Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4. In the simulation model shown below, what is the primary purpose of the standard deviation formula in cell H11? G H A B D
4. In the simulation model shown below, what is the primary purpose of the standard deviation formula in cell H11? G H A B D E F 1 Annual cashflow projection using Monte Carlo simulation 2 Innovative Speakers 3 4 Fixed expenses 60,000 5 Variable expenses 30 6 Sales forecast 625 7 Sales forecast Standard Dev. 72 8 Unit price 129 9 10 Profit/loss 16,755 Mean Min 11 16,808 (14,834) 12 Sales Profit/loss 13 Trials 625 16,755 14 707 27,397 15 618 15,838 16 508 1,671 Max StDev 40,393 =STDEV(C13:C1014) To select a probability distribution for generating random variables To add a constraint needed for an optimization function To help assess risk None of these are the primary purpose
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started