Need help with my Probability question – I’m studying for my class.
Your second case study deals representing decision trees with Excel. You will need to complete the case study project and upload your answers in an Excel file. We have two modeling problems for you to solve. You should complete your expected value computations within Excel and explain your work within your Excel file.
In this Case Study, the modeling will take most of your time, and learning how to represent your answers within Excel should allow you to create a tool that could allow the variety of parameters and variables to be adjusted to look at the sensitivity of your solution.