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Part-B A financial analyst writes a report on ALDI based on the research, assigns the following probabilities to next year's forecasted sales: Scenario Probability Sales
Part-B
A financial analyst writes a report on ALDI based on the research, assigns the following probabilities to next year's forecasted sales:
Scenario | Probability | Sales ($ Millions) |
1 | 0.1 | 16 |
2 | 0.3 | 15 |
3 | 0.3 | 14 |
4 | 0.3 | 13 |
Calculate volatility of the market based on the analysis given above.
Explain how a company can review the forecast and made it more accurate.
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