Fixed Price P CP

1000 0.1 0.1

1300 0.25 0.35
1500 0.4 0.75
1700 0.25 1

1 0.597348 1500 1429.4

2 0.233742 1300 48915.64
3 0.224513 1300
4 0.400965 1500
5 0.238453 1300
6 0.010643 1000
7 0.162644 1300
8 0.102108 1300
9 0.935552 1700
10 0.530262 1500
11 0.504777 1500
12 0.12829 1300
13 0.190828 1300
14 0.576763 1500
15 0.864419 1700
16 0.851845 1700
17 0.36084 1500
18 0.996632 1700
19 0.425346 1500
20 0.969835 1700
21 0.306944 1300
22 0.784314 1700
23 0.031429 1000
24 0.643321 1500
25 0.183547 1300
26 0.334201 1300
27 0.456215 1500
28 0.545097 1500
29 0.978838 1700
30 0.046413 1000
31 0.334028 1300
32 0.227611 1300
33 0.100074 1300
34 0.948433 1700
35 0.721274 1500
36 0.623968 1500
37 0.134781 1300
38 0.190828 1300
39 0.24296 1300
40 0.967918 1700
41 0.276816 1300
42 0.419701 1500
43 0.95309 1700
44 0.086423 1000
45 0.747055 1500
46 0.15805 1300
47 0.529395 1500
48 0.759258 1700
49 0.929954 1700
50 0.877851 1700
51 0.619823 1500
52 0.83875 1700
53 0.01637 1000
54 0.613663 1500
55 0.008655 1000
56 0.290727 1300
57 0.126461 1300
58 0.369065 1500
59 0.58739 1500
60 0.405718 1500
61 0.657546 1500
62 0.045918 1000
63 0.072482 1000
64 0.707589 1500
65 0.374073 1500
66 0.171925 1300
67 0.885063 1700
68 0.108687 1300
69 0.452908 1500
70 0.497953 1500
71 0.865007 1700
72 0.816612 1700
73 0.368878 1500
74 0.239905 1300
75 0.392075 1500
76 0.06851 1000
77 0.398158 1500
78 0.318598 1300
79 0.434288 1500
80 0.631555 1500
81 0.640659 1500
82 0.873369 1700
83 0.56361 1500
84 0.294481 1300
 85 0.296133 1300
86 0.447548 1500
87 0.355116 1500
88 0.447239 1500
89 0.080928 1000
90 0.885063 1700
91 0.928471 1700
92 0.510681 1500
93 0.178849 1300
94 0.552896 1500
95 0.737295 1500
96 0.35289 1500
97 0.504869 1500
98 0.619132 1500
99 0.798203 1700
100 0.098609 1000
101 0.103546 1300
102 0.295267 1300
103 0.285235 1300
104 0.935359 1700
105 0.244162 1300
106 0.802435 1700
107 0.773819 1700
108 0.737648 1500
109 0.654283 1500
110 0.073254 1000
111 0.816247 1700
112 0.286068 1300
113 0.117746 1300
114 0.268734 1300
115 0.066629 1000
116 0.367049 1500
117 0.303856 1300
118 0.085965 1000
119 0.958925 1700
120 0.43734 1500
121 0.727393 1500
122 0.937818 1700
123 0.696614 1500
124 0.965151 1700
125 0.094138 1000
126 0.481006 1500
127 0.782031 1700
128 0.147184 1300
129 0.005799 1000
130 0.375945 1500
131 0.402325 1500
132 0.329353 1300
133 0.977128 1700
134 0.999064 1700
135 0.588913 1500
136 0.277019 1300
137 0.765353 1700
138 0.268037 1300
139 0.973299 1700
140 0.452836 1500
141 0.002141 1000
142 0.331029 1300
143 0.657333 1500
144 0.730263 1500
145 0.422383 1500
146 0.095772 1000
147 0.568898 1500
148 0.119839 1300
149 0.570775 1500
150 0.666737 1500
151 0.146838 1300
152 0.093516 1000
153 0.854415 1700
154 0.307775 1300
155 0.980184 1700
156 0.93828 1700
157 0.585415 1500
158 0.151333 1300
159 0.382509 1500
160 0.696772 1500
161 0.025 1000
162 0.799962 1700
163 0.803044 1700
164 0.429316 1500
165 0.966812 1700
166 0.694358 1500
167 0.035283 1000
168 0.023599 1000
169 0.139837 1300
170 0.406409 1500
171 0.858471 1700
172 0.274216 1300
173 0.75794 1700
174 0.626994 1500
175 0.228511 1300
176 0.120923 1300
177 0.740504 1500
178 0.199926 1300
179 0.26756 1300
180 0.531999 1500
181 0.383018 1500
182 0.517353 1500
183 0.466113 1500
184 0.640659 1500
185 0.819677 1700
186 0.261856 1300
187 0.775952 1700
188 0.305056 1300
189 0.485875 1500
190 0.032532 1000
191 0.168162 1300
192 0.830739 1700
193 0.578867 1500
194 0.804756 1700
195 0.300284 1300
196 0.623066 1500
197 0.903589 1700
198 0.100166 1300
199 0.179286 1300
200 0.667603 1500
201 0.589157 1500
202 0.726199 1500
203 0.394762 1500
204 0.640727 1500
205 0.07977 1000
206 0.731776 1500
207 0.129629 1300
208 0.510556 1500
209 0.021502 1000
210 0.541657 1500
211 0.380772 1500
212 0.062214 1000
213 0.05012 1000
214 0.960997 1700
215 0.548253 1500
216 0.361194 1500
217 0.509949 1500
218 0.278291 1300
219 0.236231 1300
220 0.037152 1000
221 0.834073 1700
222 0.197337 1300
223 0.673556 1500
224 0.185798 1300
225 0.935996 1700
226 0.037798 1000
227 0.702043 1500
228 0.498895 1500
229 0.437279 1500
230 0.619785 1500
231 0.953347 1700
232 0.611494 1500
233 0.689842 1500
234 0.467713 1500
235 0.798777 1700
236 0.237457 1300
237 0.531437 1500
238 0.484782 1500
239 0.729428 1500
240 0.473172 1500
241 0.612837 1500
242 0.355993 1500
243 0.807287 1700
244 0.001866 1000
245 0.045778 1000
246 0.616361 1500
247 0.071455 1000
248 0.25186 1300
249 0.674398 1500
250 0.818187 1700
251 0.281751 1300
252 0.995056 1700
253 0.267296 1300
254 0.547181 1500
255 0.025107 1000
256 0.13965 1300
257 0.614206 1500
258 0.209681 1300
259 0.140519 1300
260 0.127083 1300
261 0.649896 1500
262 0.1312 1300
263 0.065376 1000
264 0.24931 1300
265 0.66348 1500
266 0.060851 1000
267 0.110711 1300
268 0.115331 1300
269 0.454078 1500
270 0.08824 1000
271 0.834002 1700
272 0.030507 1000
273 0.075334 1000
274 0.710345 1500
275 0.516314 1500
276 0.706107 1500
277 0.617523 1500
278 0.068586 1000
279 0.862161 1700
280 0.211358 1300
281 0.240171 1300
282 0.908548 1700
283 0.375105 1500
284 0.080352 1000
285 0.946679 1700
286 0.280901 1300
287 0.719678 1500
288 0.967669 1700
289 0.257632 1300
290 0.737467 1500
291 0.503829 1500
292 0.102263 1300
293 0.183165 1300
294 0.044433 1000
295 0.447096 1500
296 0.801939 1700
297 0.229931 1300
298 0.075334 1000
299 0.813372 1700
300 0.451803 1500
301 0.803297 1700
302 0.867642 1700
303 0.43499 1500
304 0.579812 1500
305 0.6633 1500
306 0.81951 1700
307 0.026908 1000
308 0.337813 1300
309 0.988704 1700
310 0.559188 1500
311 0.754167 1700
312 0.948447 1700
313 0.869137 1700
314 0.662274 1500
315 0.220388 1300
316 0.219682 1300
317 0.258008 1300
318 0.248598 1300
319 0.29418 1300
320 0.358176 1500
321 0.940441 1700
322 0.813372 1700
323 0.951085 1700
324 0.209045 1300
325 0.155151 1300
326 0.644726 1500
327 0.480981 1500
328 0.985608 1700
329 0.107997 1300
330 0.695757 1500
331 0.048103 1000
332 0.78877 1700
333 0.151389 1300
334 0.829813 1700
335 0.106144 1300
336 0.17582 1300
337 0.277398 1300
338 0.198853 1300
339 0.857789 1700
340 0.284472 1300
341 0.422366 1500
342 0.495089 1500
343 0.433828 1500
344 0.328695 1300
345 0.860004 1700
346 0.978179 1700
347 0.265025 1300
348 0.888373 1700
349 0.70526 1500
350 0.385418 1500
351 0.294614 1300
352 0.185418 1300
353 0.07948 1000
354 0.894765 1700
355 0.751886 1700
356 0.293236 1300
357 0.137908 1300
358 0.472549 1500
359 0.958979 1700
360 0.494707 1500
361 0.528075 1500
362 0.997793 1700
363 0.833905 1700
364 0.810489 1700
365 0.666603 1500
366 0.347546 1300
367 0.071831 1000
368 0.809222 1700
369 0.550387 1500
370 0.986821 1700
371 0.590448 1500
372 0.763229 1700
373 0.935823 1700
374 0.424471 1500
375 0.800695 1700
376 0.204521 1300
377 0.412296 1500
378 0.791092 1700
379 0.970053 1700
380 0.803886 1700
381 0.369299 1500
382 0.070924 1000
383 0.334036 1300
384 0.910629 1700
385 0.84548 1700
386 0.993383 1700
387 0.859768 1700
388 0.027718 1000
389 0.184649 1300
390 0.384339 1500
391 0.231436 1300
392 0.06564 1000
393 0.886754 1700
394 0.525857 1500
395 0.378561 1500
396 0.992679 1700
397 0.033659 1000
398 0.061075 1000
399 0.539594 1500
400 0.123822 1300
401 0.080936 1000
402 0.410143 1500
403 0.282101 1300
404 0.079957 1000
405 0.013282 1000
406 0.163588 1300
407 0.743891 1500
408 0.445795 1500
409 0.170846 1300
410 0.403888 1500
411 0.729658 1500
412 0.636331 1500
413 0.670182 1500
414 0.631424 1500
415 0.899215 1700
416 0.037339 1000
417 0.473758 1500
418 0.72612 1500
419 0.10217 1300
420 0.522043 1500
421 0.27832 1300
422 0.382536 1500
423 0.762572 1700
424 0.08052 1000
425 0.518437 1500
426 0.814665 1700
427 0.472936 1500
428 0.791756 1700
429 0.14069 1300
430 0.080936 1000
431 0.913325 1700
432 0.972951 1700
433 0.55699 1500
434 0.245813 1300
435 0.785879 1700
436 0.3197 1300
437 0.237472 1300
438 0.303539 1300
439 0.603236 1500
440 0.482255 1500
441 0.71802 1500
442 0.068448 1000
443 0.070737 1000
444 0.143233 1300
445 0.190183 1300
446 0.091547 1000
447 0.318354 1300
448 0.022315 1000
449 0.330972 1300
450 0.823736 1700
451 0.01194 1000
452 0.9393 1700
453 0.33041 1300
454 0.624812 1500
455 0.171843 1300
456 0.427447 1500
457 0.938118 1700
458 0.05216 1000
459 0.200808 1300
460 0.054355 1000
461 0.847437 1700
462 0.698333 1500
463 0.73245 1500
464 0.996613 1700
465 0.431177 1500
466 0.754728 1700
467 0.105437 1300
468 0.125665 1300
469 0.502327 1500
470 0.190711 1300
471 0.501634 1500
472 0.39634 1500
473 0.106643 1300
474 0.495398 1500
475 0.877072 1700
476 0.258192 1300
477 0.935063 1700
478 0.860489 1700
479 0.206095 1300
480 0.762819 1700
481 0.907091 1700
482 0.754606 1700
483 0.482218 1500
484 0.052626 1000
485 0.697497 1500
486 0.170911 1300
487 0.722663 1500
488 0.656635 1500
489 0.952292 1700
490 0.763466 1700
491 0.903803 1700
492 0.002571 1000
493 0.761801 1700
494 0.794691 1700
495 0.408352 1500
496 0.930909 1700
497 0.361487 1500
498 0.096686 1000
499 0.508265 1500
500 0.341619 1300
 Monthly Salary in Consulting 250000 Note: Here, 500 values are taken for simulation to ca
Q.1
Monthly Salary in Restaurant 218300

Variance 880663893333 The Problem encountered in this case is that due to the varying Rand() func
Q.2
Std. dev 938436.94159 values of Variance & S

Without Partnership : Average Monthly Salary, Standard deviation of monthly salary, Miscellaneous C
Q.3
With Partnership : Likelihood of having monthly Salary higher than Consulting, Standard deviation
taken for simulation to calculate Mean & Variance of Fixed Price/Meal. For this Simulation, the Average Monthly Salary lies in the range o

to the varying Rand() function values, the Variance & Mean are varying which ultimately is leading to widely varying
values of Variance & Standard deviation of Monthly Salary

hly salary, Miscellaneous Cost & its distribution

ulting, Standard deviation of Monthly Salary, Miscellaneous Cost & its distribution
nthly Salary lies in the range of Rs.200000-300000, with majority of values upwards of Monthly salary higher than that of consulting
r than that of consulting