expense forecast for coming year

expense forecast for coming year

What is the expected value of the expense forecast for coming year?

  1. Show the probability distribution for the expense forecast.
  2. What is the expected value of the expense forecast for coming year?
  3. What is the variance of the expense forecast for the coming year?
  4. If income projections for the year are estimated at $12 million, comment on the financial position of the collage.

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