Question
Dear Tutor, I am struggling with two questions, and those are: What can we infer from the table about the demand patterns of the two
Dear Tutor,
I am struggling with two questions, and those are:
What can we infer from the table about the demand patterns of the two customers?
In their analyses, Poindexter and Flim used different probability tables for the joint distribution of FearUs' and Oops' demands. In doing so, they arrived at the same number for the expected value of total profit under the 8 plane policy. They did not arrive at the same number for the standard deviation of total profit, however. Why not?
This question is referring to table that is at the bottom of the page 4. Please see here. https://www.coursehero.com/u/file/8779908/variance/#/doc/qa
Thank you!
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