All of the following are used for marginal analysis with the normal distribution in a single period model except
A)mean sales for the product.
B)marginal profit for the product.
C)marginal loss for the product.
D)median sales for the product.

Question

Quizplus · Accepted Answer

The median sales for the product is not relevant for marginal analysis with the normal distribution in a single period model, as it does not take into account the variability of sales and the associated probabilities. The mean sales, marginal profit and marginal loss, on the other hand, are all useful measures for understanding the potential outcomes and risks associated with different levels of sales.

All of the Following Are Used for Marginal Analysis with the Normal