Question
Problem 2 . please take if need any data from internet. Assume you sell one car every single day (including holidays and weekends), and that
Problem 2 .
please take if need any data from internet.
Assume you sell one car every single day (including holidays and weekends), and that there is a 30-day time difference from when a contract is signed to when the payment for the car is made (lead time). Draw a histogram over the realized profits in NOK (or mNOK) of each car sale. Print out the profit made from selling a car at Jan 03 2021. Show the total cumulative profits if your store had been in operation throughout the data set. Ensure that you account for selling a car every date the last four years. Make a reasonable assumption with respect to potential missing values - e.g. related to missing prices due to holidays and weekends.
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