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Use the data shown below to answer the following question(s) .
Captain Jack Automobiles launched a new car and tabulated the below data for the new launch. The project manager identified the following distributions and parameters for these variables:
Market size: normal with a mean of 2,000,000 units and a standard deviation of 400,000 units
R&D costs: uniform between $639,000,000 and $781,000,000
Test Drives: lognormal with mean of $160,000,000 and standard deviation $16,000,000
Annual market growth factor: triangular with minimum = 2%,maximum = 6%,and most likely = 3%
Annual market share growth rate: triangular with minimum = 15%,maximum = 25%,and most likely = 20%
Use 5,000 trials to generate the simulation model using Crystal Ball.
-For the given data set,what is the approximate percentage of risk that the NPV over the five years will not be positive?
Myers Briggs Type Indicator
A personality assessment tool that categorizes individuals into sixteen personality types based on their preferences in four areas.
Vocational Scores
Assessments or evaluations focused on measuring skills and abilities related to specific careers or professions.
Dichotomous Dimensions
Characteristics or variables that are divided into two distinct and mutually exclusive categories.
Psychometric Properties
Characteristics of a test or measurement tool that determine its reliability, validity, and other quality measures.
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