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Johnson, Inc. notices that the economy is affecting company sales and costs. Economic Conditions Strong Average Growth Weak Probability 1/3 1/3 1/3 Sales $200 $120
Johnson, Inc. notices that the economy is affecting company sales and costs. Economic Conditions Strong Average Growth Weak Probability 1/3 1/3 1/3 Sales $200 $120 $100 Costs $120 $115 $105 Calculate the expected value and standard deviation for Sales and Costs. Calculate covariance: Cox (X,Y)= 2*1P:(*1-M) C-K
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