Advanced Probability: Uncertainty in Data
Maarten Van den Broeck
Senior Content Developer at DataCamp
Scenario | Projected Monthly Revenue | Projected Operating Costs | Projected Net Profit/Loss |
---|---|---|---|
Best-Case | $700,000 | $400,000 | +$300,000 |
Baseline | $500,000 | $450,000 | +$50,000 |
Worst-Case | $350,000 | $480,000 | -$130,000 |
The retail company plans accordingly:
Advanced Probability: Uncertainty in Data