EP-T method in probability distribution: what is it? Suppose that she estimates that there is a 95% chance that first-year sales will exceed 10,000 units, a 50% chance that they will exceed 15,000 units and a 5% chance that they will exceed 25,000 units. .Given that first-year sales were around 25,000 units, what level of sales in the second year would have a 50% chance of being exceeded? .draw a decision tree

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EP-T method in probability distribution:
what is it?
Suppose that she estimates that there is a 95% chance that first-year sales will exceed 10,000 units,
a 50% chance that they will exceed 15,000 units and a 5% chance that they will exceed 25,000 units.
. Given that first-year sales were around 25,000 units, what level of sales in the second year would
have a 50% chance of being exceeded?
.draw a decision tree
Transcribed Image Text:EP-T method in probability distribution: what is it? Suppose that she estimates that there is a 95% chance that first-year sales will exceed 10,000 units, a 50% chance that they will exceed 15,000 units and a 5% chance that they will exceed 25,000 units. . Given that first-year sales were around 25,000 units, what level of sales in the second year would have a 50% chance of being exceeded? .draw a decision tree
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