This assignment will assess the following competencies:1. Evaluate the best fit of information in the decision making process.3. Analyze the rules of probability in real situations and how to make decisions accordingly. Before completing this assignment you will need to download QM for Windows, or Excel QM.Go to the.Download QM for Windows, or Excel QM and the Internet Case Studies here: The correct answer is only worth 10% of the grade on this assignment; 90% of your grade on this assignment will be the explanation and work. Please explain why you chose the method or formula and provide a detailed explanation regarding the outcome or solution. Provide a minimum of 3-5 sentences discussing your logic and how you came to your answer.
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