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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.
Awhat is polygonesk question #Minimum 100 words accepted#
Ask queFind the normalized differential equation which has {x, xex} as its fundamental setstion #Minimum 100 words accepted#
how to find basic intrest problems
Example 1 Add 4x 4 + 3x 3 - x 2 + x + 6 and -7x 4 - 3x 3 + 8x 2 + 8x - 4 We write them one below the other as shown below.
Case 1: Suppose we have two terms 7ab and 3ab. When we multiply these two terms, we get 7ab x 3ab = (7 x 3) a 1 + 1 . b 1 + 1 ( Therefore, x m . x n = x m +
The Rank Correlation Coefficient (R) Also identified as the spearman rank correlation coefficient, its reasons is to establish whether there is any form of association among tw
Sin+cos
Find the length of the second diagonal of a rhombus, whose side is 5cm and one of the diagonals is 6cm.
Are you suppose to divide the 1 or subtract
If arg (a/b) = pi/2, then find the value of ((a+b)/(a-b)) where a,b are complex numbers. Ans) Arg (a/b) =Pi/2 Tan-1 (a/b)= Pi/2 A/B = tanP/2 ,therefore a/b=infinity.
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