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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.
What is 2 1/9 - 4 1/2
81 miles equal how many inches simplify your answer integer od decimal..
Estimate the area between f ( x ) =x 3 - 5x 2 + 6 x + 5 and the x-axis by using n = 5 subintervals & all three cases above for the heights of each of the rectangle. Solution
set theory
miaty and yesenia have a group of base ten blocks.Misty has six more than yesnia. Yesenia''s blocks repersent 17 together they have 22 blocks,and the total of blocks repersent 85.
4.2^2x+1-9.2^x+1=0
How to Converting Percents to Fractions ? To convert a percent to a fraction: 1. Remove the percent sign. 2. Create a fraction, in which the resulting number from Step 1 is
integrate sin(x) dx
A surveyor is hired to calculate the width of a river. Using the example provided, Calculate the width of the river. a. 48 ft b. 8 ft c. 35 ft d. 75 ft
What is homomorphism ring
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