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Decision under Uncertainty
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This 4 page paper looks at the way that statistics and probability may be used in a business decision scenario. The case used is a retailer who needs to decide how much ice cream to stock, using regression analysis from the past years and probability to assess if the year will be hot and to assess if this will impact on sales. The bibliography cites 2 sources.
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Pages:
4
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Filename:TS14_TEicesales.rtf |
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Paper Title:
Decision under Uncertainty
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