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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.
a. Write an exponential function that could model the information in this graph. b. Describe a business, scientific (not mathematical), or economic situation for what thi
please tell me what is algebra and how i can understand it
parts of matrix and functions
what is the formula fore life
Determine the area of the regular octagon with the following measurements. a. 224 square units b. 112 square units c. 84 square units d. 169 square units b. See
draw a line OX=10CM and construct an angle xoy = 60. (b)bisect the angle xoy and mark a point A on the bisector so that OA = 7cm
Given f (x) = - x 2 + 6 x -11 determine each of the following. (a) f ( 2) (b) f ( -10) (c) f (t ) Solution (a) f ( 2) = - ( 2) 2 + 6(2) -11 = -3 (
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Functions and Graphs Need assistance, Please describe Functions and Graphs.
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