Unformatted text preview: In the “Construct a pie chart . . .” paragraph, look at the Excel 3.8 section on pp. 72-73 for an example of how to do this. Secondly, I found the largely italicized section: Dell market share in the third quarter of 2008 . . . The proportion who will replace their PDAs with the Dell PDA is approximately Normal . to be confusing. Please replace it with the following: An estimate of Dell market share in the third quarter of 2008 can be calculated by: Dell market share = intent % to replace with Dell x Expected actual replacement % = 20% x 80% = 16% In your simulation, use this 16% value as your expected (mean) market share, and assume that your uncertainty in market share is Normally distributed with a standard deviation equal to the conservative standard error for the share. (Remember that a share is a proportion!) Finally, use the Lab 3 Dell PDA Template.xls to build your simulation model, using a random number seed of 260....
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- Fall '09
- Normal Distribution, Dell PDA, Dell PDA Plans, Dell market share, Dell PDA Template.xls