Random work theory

By :
Sanchit sharma
Swetank chaturvedi

Company Profile
Ranbaxy Laboratories Limited (Ranbaxy), India's largest pharmaceutical company, is
an integrated, research based, international pharmaceutical company, producing a
wide range of quality, affordable generic medicines, trusted by healthcare
professionals and patients across geographies. Ranbaxy today has a presence in 23 of
the top 25 pharmaceutical markets of the world. The Company has a global footprint
in 43 countries, world-class manufacturing facilities in 8 countries and serves
customers in over 125 countries.
In June 2008, Ranbaxy entered into an alliance with one of the largest Japanese
innovator companies, Daiichi Sankyo Company Ltd., to create an innovator and
generic pharmaceutical powerhouse. The combined entity now ranks among the top
20 pharmaceutical companies, globally.

Data for the month of February 2012 [01-02-2012 to 2902-2012]

DATE

OPEN

HIGH

LOW

CLOSE

AVERAGE

29/02/2012

431.05

431.05

431.05

431.05

431.05

28/02/2012

424.8

431.35

422.8

428.55

426.88

27/02/2012

425

433.5

422.05

424.05

426.15

24/02/2012

436.1

444.7

425.15

428.55

433.63

23/02/2012

444

446.4

429.35

440.3

440.02

22/02/2012

450.25

452.65

434

438.4

443.83

21/02/2012

448.55

454.2

445.3

449.2

449.32

17/02/2012

455

458.9

446.1

448.6

452.15

16/02/2012

442.75

453.4

442.75

450.25

447.29

15/02/2012

436.4

444.9

436.1

441.7

439.78

14/02/2012

439

441.05

433

433.65

436.68

13/02/2012

442.4

447.65

437

438.75

441.45

10/2/2012

451.85

457.5

440.35

442.4

448.1

9/2/2012

452.6

456.4

450.1

451.85

452.74

8/2/2012

457

460

449.4

454.15

455.14

7/2/2012

451

458.95

451

456.15

454.28

6/2/2012

457

461

448.1

449.7

453.95

3/2/2012

461.35

468.75

451.15

454.5

458.94

2/2/2012

446.5

461

445.2

456.35

452.26

1/2/2012

449

452

442.25

445

447.1

AVERAGE

NUMBER OF DAYS

PROBABILITY

CUMILATIVE
PROBABILITY

INTERVAL

426

0.1

0.1

431

0.05

0.15

1 - 14

433

0.05

0.2

15 - 19

436

0.05

0.25

20 - 24

440

0.1

0.35

25 - 34

441

0.05

0.4

35 - 39

443

0.05

0.45

40 - 44

447

0.1

0.55

45 - 54

448

0.05

0.6

55 - 59

449

0.05

0.65

60 - 64

452

0.15

0.8

65 - 79

454

0.1

0.9

80 - 89

455

0.05

0.95

90 - 94

459

0.05

95 -99

DATE
21/03/12
20/03/12
19/03/12
16/03/12
15/03/12
14/03/12
13/03/12
12/03/12
9/03/12
7/03/12
6/03/12
5/03/12
3/03/12
2/03/12
1/03/12

ESTIMATED AVERAGE
454
459
452
454
455
441
447
441
449
447
455
455
447
431
454

ACTUAL AVERAGE
413
401
406
414
417
427
423
422
420
415
417
422
427
427
428

Graphical Presentation of Simulation

470
460
450
440
430
ACTUAL AVERAGE

420

ESTIMATED AVERAGE
410
400
390
380
370
1

10

11

12

13

14

15