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Operating profit at XYZ is calculated as follows: Profit = 0.3 * Sales - FixedCost. Sales can be approximated by a normal random variable with a mean of 31,000 dollars and a standard deviation of 3,000 dollars and past fixed cost information is given below. Using the Monte Carlo simulation techniqe with 30,000 repetitions estimate the probability that XYZ will incurr a loss (Pr{Profit<0}). Do not fix your random numbers.
Solved by I. L. in 30 mins
how to fill blank spaces in excel with random numbers
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I need help turning this into a normal, non double spaced formatted excel sheet
Solved by G. J. in 17 mins
i need help adding a random number to my excel burn down chart
Solved by B. U. in 22 mins
Excel keeps changing my 10 digit number that I enter and adds a decimal points followed by random numbers.
Solved by S. Q. in 17 mins