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Given the following decision tree, perform the tasks listed below
1. Simulate the route through the test market and produce results for twenty simulations, calculating the payoff in each case.
2. Calculate the probability that the company should abandon the project without going through the test market, i.e. the probability that a loss will be made on the project if the test market is conducted.
3. Calculate the expected return from the simulated payoff and compare it with the expected payoff based on the decision tree.
4. Advise the company on their choices.
Two tangents TP and TQ are drawn to a circle with center O from an external point T.prove that angle PTQ=angle 2 OPQ
integrate ln(1+2^t)
#question.prove that the diagonals of a trapezium divide each other proportionally .
Proof of: if f(x) > g(x) for a x b then a ∫ b f(x) dx > g(x). Because we get f(x) ≥ g(x) then we knows that f(x) - g(x) ≥ 0 on a ≤ x ≤ b and therefore by Prop
I need help with this question: Find the probability that two quarters and a nickel are chosen without replacement from a bag of 8 quarters and 12 nickles.
Solve the Limit problem as stated Limit x tends to 0 [tanx/x]^1/x^2 is ? lim m tends to infinity [cos (x/m)] ^m is? I need the procedure of solving these sums..
Calculate the value of the following limits. Solution To remind us what this function such as following the graph. hence, we can see that if we reside to the r
The m&m factory produces 2,500 packs of plain m&ms each day. Represent the total number of packs of plain m&ms the factory makes each day
ogive for greater than &less than curves
what is the value of pi
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