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You are a bank manager. Ranga has approached your bank for a million dollar loan. The bank can charge 15% interest from Ranga for this loan. The bank will buy government bonds at 5% interest rate in case Ranga's application is rejected. You think there is 8% chance that Ranga would default on his loan based on your knowledge about Ranga. At a cost of about $1000, the bank can investigate and figure out Ranga's complete credit history. Based on the past performance, you know that the credit reports give a favorable credit rating 70% of the time when the customer honors loan commitments; and unfavorable credit rating 30% of the time even when the customer honors loan commitments. The credit reports give a favorable credit rating 25% of the time and an unfavorable credit rating 75% of the time when the customer does not honor loan commitments.• Draw the decision Tree and Derive Optimal decision • Compute Expected Value of Perfect Information• Compute expected Value of Sample Information
Dubois Inc. has completed the purchase of new Dell computers. The fair market value of the equipment is $824,150. The purchase agreement specifies an immediate down payment of
understanding that there are usually two sides to every major issue, understanding the framing of the issue (especially the choice of language) and its impact on decisions and
Soon after he joined following his graduation, his company developed corporate programs to help improve self-confidence and qualifications of diverse employees so they could
What are other future possibilities for healthcare using Wii and other gaming systems? Do you agree or disagree with the use of virtual games to train healthcare professiona
Write the Visual Basic code that swaps the values stored in the decLowSales and decHighSales variables, but only if the value stored in the decHighSales variable is less than
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Describe trends in the costs of care for treating at least three diseases or conditions. Examine the burden of health care costs on businesses and governments and the extent
What you would do if you make contact with the ball above shoulder level. What you would do if you make contact with the ball below shoulder level. Skill used to finish a poin
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