Using a data table in Excel, perform a sensitivity analysis on the example in Simple Decision Problem.xlsx.

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Using a data table in Excel, perform a sensitivity analysis on the example in Simple Decision Problem.xlsx. Specifically, keep the probabilities in row 10 (for D2) as they are, but vary the probability in cell C11 from 0 to 1 in increments of 0.05, and keep the probabilities in cells D11 and E11 in the same ratio as they are currently (2 to 3).

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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