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Use the information below to answer the following question(s) .
Below is a spreadsheet for Trance Electronics.
Suppose that the project manager of Trance Electronics has identified the following uncertain variables in the model and the distributions and parameters that describe them, as follows:: normal with mean of 2,000,000 units and standard deviation of 400,000 units.
: uniform between $600,000,000 and $800,000,000.
: lognormal with mean of $150,000,000 and standard deviation $30,000,000.
: triangular with minimum = 2%, maximum = 6%, and most likely = 3%.
: triangular with minimum = 15%, maximum = 25%, and most likely = 20%.
The number of trials per simulation is equal to 10,000 at a Sim.Random Seed of 2.Run the simulation and answer the following questions using the Risk Solver Platform.
-What is the correlation of the market size with the NPV with reference to the sensitivity chart?
Central Nervous System
The part of the nervous system consisting of the brain and spinal cord, responsible for processing and transmitting neural information.
Spinal Nerves
Nerves that emerge from the spinal cord, carrying motor, sensory, and autonomic signals between the spinal cord and the body.
Peripheral Process
The process by which peripheral nerves relay information from the body's extremities to the central nervous system and vice versa.
Unipolar Neurons
Neurons that have a single extension from their cell body, which branches into a peripheral process and a central process, often found in sensory pathways.
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