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1.) Probability Concepts A sales manager estimates that the mean expected sales volume of a proposed new product for the following year is 900,000 units, standard deviation of 450,000 units and with the following financial data below: ● Selling price Variable cost/unit Fixed Cost/vear - P 8.00 - P 5.00 - P1,800,000.00 Calculate the ff.: a) Break even point for the new product; b) The probability of at most break-even point; c) The probability that the profits from the new product would be at most P 500,000.00; d) The probability that the new product would cause us to lose of P 300,000.00 or less.

1.) Probability Concepts A sales manager estimates that the mean expected sales volume of a proposed new product for the following year is 900,000 units, standard deviation of 450,000 units and with the following financial data below: ● Selling price Variable cost/unit Fixed Cost/vear - P 8.00 - P 5.00 - P1,800,000.00 Calculate the ff.: a) Break even point for the new product; b) The probability of at most break-even point; c) The probability that the profits from the new product would be at most P 500,000.00; d) The probability that the new product would cause us to lose of P 300,000.00 or less.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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1.) Probability Concepts
A sales manager estimates that the mean expected sales volume of a proposed
new product for the following year is 900,000 units, standard deviation of 450,000
units and with the following financial data below:
Selling price
Variable cost/unit
Fixed Cost/vear
- P 800
- P 5 00
- P1,800,000.00
Calculate the ff.:
a) Break even point for the new product:
b) The probability of at most break-even point;
c) The probability that the profits from the new product would be at most
P 500 000.00•
d) The probability that the new product would cause us to lose of P 300.000.00 or Less

 

letter d? 

1.) Probability Concepts ● A sales manager estimates that the mean expected sales volume of a proposed new product for the following year is 900,000 units, standard deviation of 450,000 units and with the following financial data below: Selling price Variable cost/unit Fixed Cost/vear - P 8.00 - P 5.00 - P1,800,000.00 Calculate the ff.: a) Break even point for the new product; b) The probability of at most break-even point; c) The probability that the profits from the new product would be at most P 500,000.00; d) The probability that the new product would cause us to lose of P 300,000.00 or less.
Transcribed Image Text:1.) Probability Concepts ● A sales manager estimates that the mean expected sales volume of a proposed new product for the following year is 900,000 units, standard deviation of 450,000 units and with the following financial data below: Selling price Variable cost/unit Fixed Cost/vear - P 8.00 - P 5.00 - P1,800,000.00 Calculate the ff.: a) Break even point for the new product; b) The probability of at most break-even point; c) The probability that the profits from the new product would be at most P 500,000.00; d) The probability that the new product would cause us to lose of P 300,000.00 or less.
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