Joined: 16 May 2010 Location: United States
Online Status: Offline Posts: 34
Posted: 22 Jun 2010 at 19:49 | IP Logged
In BEC Section in Module 3 on page 8 there is an example of probabilities with returns. I understand the concept well and I would get the answer as well. But in solution the answer says there is a 20% probability dough will sell 60 of 100 boxes through regular stores..
I couldn't understand where did 20% come from, i tried all numbers, combination's but couldn't get 20%..
Joined: 01 Jun 2010
Online Status: Offline Posts: 50
Posted: 22 Jun 2010 at 20:44 | IP Logged
You know what.. I think its supposed to be 60%, instead of 20%..
Refer to your passmaster CD under the Homework for BEC 3. The topic is " Factors affecting Financial modelling and decision making" and its the THIRD question..............I hope this helps..
Joined: 16 May 2010 Location: United States
Online Status: Offline Posts: 34
Posted: 22 Jun 2010 at 21:29 | IP Logged
thanks for the tip.. i will look at it.. yup there is actually no way of getting 20%.. and if u see in the end they multiply profit of 20$ with 60% ... so i hope it was a typo.. i hope..
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Topic: BEC Module 3 - B3-8
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