### How might that change the outcome you predicted in part

Assignment Help Finance Basics
##### Reference no: EM131143689

You and a classmate are assigned a project on which you will receive one combined grade. You each want to receive a good grade, but you also want to avoid hard work. In particular, here is the situation:

• If both of you work hard, you both get an A, which gives each of you 40 units of happiness.

• If only one of you works hard, you both get a B, which gives each of you 30 units of happiness.

• If neither of you works hard, you both get a D, which gives each of you 10 units of happiness.

• Working hard costs 25 units of happiness.

a. Fill in the payoffs in the following decision box:

c. If you get this classmate as your partner on a series of projects throughout the year, rather than only once, how might that change the outcome you predicted in part (b)?

d. Another classmate cares more about good grades: He gets 50 units of happiness for a B, and 80 units of happiness for an A. If this classmate were your partner (but your preferences were unchanged), how would your answers to parts (a) and (b) change? Which of the two classmates would you prefer as a partner? Would he also want you as apartner?

#### Determine the correlation coefficient. comment on the value

Determine the correlation coefficient. Comment on the value of the correlation coefficient. Find the predicted value of Y given X = 75. Give an interpretation of the predicted

#### Perform a hypothesis test of p1 equals to p2 with a 5 percnt

Two different simple random samples are drawn from two different populations.  The first sample consists of 20 people with 10 having a common attribute.  The second sample con

#### How many of apples have weights between 13 ounces and 15

There are 3600 apples in a shipment. The weight of the apples in this shipment is normally distributed. It is found that it a mean weight of 14 ounces with a standard deviatio

#### What is the probability that the student is from ucla

What is the probability that the student is from UCLA or chooses football? What is the probability that the student is from Duke, given that the student chooses basketball? Wh

#### What is the standard deviation of the returns on this stock

The returns on the common stock of Maynard Cosmetic Specialties are quite cyclical. In a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in

#### What is the expected return on the portfolio

You own a portfolio that has \$20,000 invested in Albuquerque Mining and \$14,000 invested in Oklahoma City Drilling. The expected returns on these stocks are 12.5 percent and 9

#### What is the expected rate of return on this stock

The common stock of Lester Lithographic is expected to earn 9 percent in a recession, 7 percent in a normal economy, and lose 2 percent in a booming economy. The probability o

#### What is the risk-free rate of return

The expected return on JK stock is 13.40 percent while the expected return on the market is 10.8 percent. The beta of JK stock is 1.4. What is the risk-free rate of return?