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The figure below shows that the expected incremental cost to the company is $4,763. Note, though, that there is about a 76% chance that the
The figure below shows that the expected incremental cost to the company is $4,763. Note, though, that there is about a 76% chance that the incremental cost is zero. This occurs when the organic price falls above the GMP, when the company does not pay anything more than the market price. Statistics Incremental cost to company Incremental cost to company Cell Model!C44 75.8% 24.2% 0.8 Minimum SO.00 Maximum $152,262.35 0.7 Mean $4,763.34 Mode $0.00 0.6 Median 50.00 0.5 Std Dev $12, 147.61 Skewness 3.5358 0.4 Kurtosis 18.8652 10000 0.3 Values Errors 0.2 Filtered 0 Left X SO 0.1 Left P 75.8% 0.0 Right X 100.0% 2 Right P $80,000 $40,000 $60,000 Dif. x +00 $20,000 $120,000 $140,000 $160,000 $100,000 -$20,000 Dif. P 24.2%
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