Example 14 4 Innls Investments Is A Small Famlly Owned Buslness That Manages Per
For the Innis Investments example in Chapter 14, suppose that the investment returns are uncertain. Assume that each can be modeled as a lognormal distribution with a mean equal to the expected return in the example and a standard deviation equal to 10% of the mean. Use Analytic Solver Platform to maximize the expected return and find the distribution of the expected return.
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