SCENARIO 5-8 Two Different Designs on a New Line of Winter Jackets

question 90

Short Answer

SCENARIO 5-8
Two different designs on a new line of winter jackets for the coming winter are available for your manufacturing plants.Your profit (in thousands of dollars)will depend on the taste of the consumers when winter arrives.The probability of the three possible different tastes of the consumers and the corresponding profits are presented in the following table.

-Referring to Scenario 5-8,what is the variance of your profit when Design B is chosen?

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Vulnerability

A weakness or gap in security measures that can be exploited by threats to gain unauthorized access to a system or resource.

Human Error

Mistakes made by people which can lead to unintended outcomes, often analyzed for the purpose of improving systems or practices to prevent recurrence.

Unintentional

Actions or outcomes occurring without deliberate planning or intent.

Information Resource

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