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A METHOD FOR DETERMINING RANCH PROFIT PROBABILITIES WHEN LIVESTOCK YIELDS ARE NORMALLY DISTRIBUTED AgEcon
Blake, Martin J.; Gray, James R..
Data on net turnoff for small, medium-sized and large cow-calf and small and large size yearling ranches were tested for normality using the Shapiro - Wilk test. The yield data examined were accepted as normally distributed at the alpha = .10 level. The probability of profit for each type of ranch was assessed using normal curve techniques for nine different cost-price alternatives and weather conditions. Yearling cattle ranchers had higher profit probabilities than cow-calf ranchers. Prices received had more influence on profit probabilities than weather conditions.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1981 URL: http://purl.umn.edu/32083
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LOCAL SOCIO-ECONOMIC IMPACTS FROM COAL DEVELOPMENTS IN THE SOUTHWEST AgEcon
Supalla, Raymond J.; Gray, James R..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1977 URL: http://purl.umn.edu/32192
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