Normal distribution

Normal distribution

Postby Guest » Mon Feb 17, 2020 8:49 am

Hi,
I am trying to figure out how to calculate normal distribution / bell curve for the following problem. I am building a vacation rental. Is is seasonal location so I expect it to rent for 26 weeks. My target profit is 40.000 Euro. My a average weekly price is 1.538 euro. In the beginning of the season and in the end of the season the pricess are lowest, in the summer (middle of 26 weeks) the prices are the highest. How can I distribute these 40000 euro over 26 weeks so it resembles a bell curve?
Is this even possible?
It would be great to have this formula so I can toggle the variables a d test different scenarios ( shorter season, lower/higher total income etc.)
Thanks for any suggestions!
Guest
 

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