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Final Project: Kshitij Deshpande Panther Id 002221396
Final Project: Kshitij Deshpande Panther Id 002221396
Panther Id 002221396
Final Project
Project Determine
1)Coefficients
The values of coefficients (V1= 0)(V2= 3)(V2= 2)
2) Profit Optimization
Profit Optimization Column V6 applying the generalized first derivative concept.
V5 is optimized Marketing expenses.
Kshitij Deshpande
Panther Id 002221396
Q 3)a
Residual Plot
Q Norm Plot
Q 3)b
Using 50000 Monte Carlo Simulation profits of Top three companies
Company 7 17084861
Company 1 15129218
Company 9 14141783
Q3)c
Count= The number of incidences when it falls within the 95% con
fidence interval is 47.
Q3)d
The realizations for profit to be within $100 of expected value with the 99%
probability is new = 663097956
Kshitij Deshpande
Panther Id 002221396
While calculating the Simulations with different methods we can conclude that the variances
reduces as the number of simulations goes on increasing.
Kshitij Deshpande
Panther Id 002221396
In case of whisker plots the variation reduces to zero for Quasi Static and Antithetic Variables
and we get a single mean value for same as interpreted from the graph.
5)
a) The companies 4,7,5 have the highest probability in resulting highest profit.
b) The
realizations for profit to be within the expected value with the 95%
probability is new = 78796583