Week 3 Assign Data Set.xlsx - Bell Computer Company...

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Bell Computer CompanyMedium-Scale Large-ScaleExpansion ProfitsExpansion ProfitsP(x)P(x)DemandLow5020%020%Medium15050%10050%High20030%30030%Expected Profit ($1000s)145140Risk Analysis for Medium-Scale ExpansionDemand(x - µ)Low5020%-9590251805Medium15050%52512.5High20030%553025907.5Population Variance2,725Population Standard Deviationσ =52.2015Medium scale has the lowest uncertainty riskRisk Analysis for Large-Scale ExpansionDemand(x - µ)Low020%-140196003920Medium10050%-401600800

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