Consider a 52 ratio for the importance of to miles In addit

Consider a 5:2 ratio for the importance of $ to miles. In addition, compute the Expected Score and Standard Deviation for each strategy and interpret the findings. (Hint1: Use linear “normalization”. Hint 2: for the miles objective “normalize” the data using “Y=(Max-X)/(Max-Min) * 100”)

mi A1 8150 27.0% Branch 50.0% Branch #1 0 50 A2 50.0% Branch #2 15 160 73.0% Branch #2 anch #2-73 A 5100 Branch #1 Branch #2 0 40

Solution

$ Mi Y I 8 150 8.333333 84.02778 0 50 91.66667 7.638889 15 160 0 91.66667 4 100 50 45.83333 10 80 66.66667 30.55556 0 40 100 0 mean 43.28704 Standard deviation 38.24534