Understand and analyze this short case, apply the necessary mathematical model, and make the right managerial decision.

Task Probability is a theoretical measurement of the likelihood of an event occurring. In statistical experiments and studies. we will estimate probabilities from collected data, and our interpretations and ndings are based on probability concepts. This assignment will test your ability to understand and analyze short cases, apply the necessary mathematical model. and make the right managerial decision. Process Read and apply the necessary probability concept/s in the situation described below. In only three decades, Starbucks has grown at an astonishing pace, from a small Seattle coffee shop to a powerhouse with more than 21 .800 retail stores in 65 countries. Starbucks's success, however, has drawn a full litter of copycats. In the early 19905. there were only 200 coffeehouses in the United States. Today, there are more than 21.400. Some 85 percent of Starbucks's sales come from its own stores. With the implementation of the TRAIN law, there is an increase in the number of buyers. Wishing to penetrate the Tacloban City market. they have the following data: I I) Bo's Coffee will have the least technological advancement by 2020, [2) McDonald's will have the highest input price of raw materials by 2020, and (3} Dunkin Donuts will lay off the highest number of employees by 2020. Probablllly or keeping their Maker share In 2019 Should Starbucks build a store in Tacloban City? Why or why not