A municipal police department has decided to acquire an unmanned drone for aerial surveillance of a high-crime region of their city. Three mutually exclusive drones are being studied and their data are provided below. All alternatives are expected to have negligible market (salvage) values at the end of five years. The police departments MARR is 8% per year. Which drone should be selected?
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- Describe the statisticalmethods (e.g., measures of central tendency, types of scores, indices of variability,correlations, types of distributions) that you would expect to use to analyze the results of the assessments selected for this plan. If your measure is not norm-referenced, describe how cut-off scores are used.