Recent content by havinnoj

Awesome! Thank you!

27%. I love when they are easier than you think! Thank you! Anybody have an idea about the first one?

Questions 2 is "You are reviewing a business decision where you have calculated the profit for 5 possible business scenarios. If the probabilities of occurrence for four of the scenarios are 12%, 10%, 21%, and 30% respectively; what is the percent probability of occurrence for the fifth...

Homework Statement I have a table with a data set #, and 2 variables (W and P) with values in the table. Homework Equations The equation (which I don't know what it means) says V= (summation with n on top and i=1 below Wi X Pi)/(summation with n on top and i=1 on bottom X Pi) The...