Busi. 410 Lab Pre-Practice 2

Busi. 410 Lab Pre-Practice 2 - Base case is ($27) After 500...

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Page Crystal Ball Report - Forecasts Simulation started on 9/14/2010 at 10:44 PM Simulation stopped on 9/14/2010 at 10:44 PM Run preferences: Number of trials run 500 Extreme speed Monte Carlo Seed 420 Precision control on Confidence level 95.00% Run statistics: Total running time (sec) 0.13 Trials/second (average) 3,753 Random numbers per sec 3,753 Crystal Ball data: Assumptions 1 Correlations 0 Correlated groups 0 Decision variables 1 Forecasts 1
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Page Forecasts Worksheet: [Tracy-1.xls]Template Forecast: Profit Cell: D19 Summary: Entire range is from ($3) to $15
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Unformatted text preview: Base case is ($27) After 500 trials, the std. error of the mean is $0 Statistics: Forecast values Trials 500 Base Case ($27) Mean $8 Median $8 Mode $9 Standard Deviation $3 Variance $11 Skewness-0.0948 Kurtosis 2.57 Coeff. of Variability 0.4245 Minimum ($3) Maximum $15 Range Width $18 Mean Std. Error $0 Page Forecast: Profit (cont'd) Cell: D19 Percentiles: Forecast values 0% ($3) 10% $3 20% $5 30% $6 40% $7 50% $8 60% $9 70% $9 80% $11 90% $12 100% $15 End of Forecasts...
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Busi. 410 Lab Pre-Practice 2 - Base case is ($27) After 500...

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