QMS 102 Study Guide - Quiz Guide: Financial Analyst, Convenience Store, Standard Deviation

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Quiz 2 review questions: a financial analyst for petrified paper products has submitted the following probability distributions of profit for two investment proposals. The company has sufficient funds to consider only one proposal. They think there is a 25% chance that the item will be successful, in which case they will make ,200,000 revenue. There is a 40% chance that they will break-even (revenues will just cover expenses) and the other possibility is that there will be virtually no revenues. What is the expected net profit from the distribution of this item? (,000: a mail order magazine service has the exclusive subscription rights to a certain magazine. Subscriptions can be reserved for one, three, four or five years. Fee ($) (3, 0. 6; 5, 0. 1; 6, 0. 1; 7, 0. 2) If any chip fails, then the motherboard fails. She has only today left in this month to earn her bonus and she had sold 41 cars before today during this month.