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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.
i want detail information in advance with question and answers.
Evaluate the subsequent inverse trigonometric functions: Evaluate the subsequent inverse trigonometric functions. arcsin 0.3746 22° arccos 0.3746 69° arctan 0.383
THE PREREQUISITES FOR MULTIPLICATION : The word 'multiply', used in ordinary language, bears the meaning 'increase enormously For instance, bacteria multiply in favourable conditi
16 raised to the power x eqaual to x raised to the power 2. find x
Factoring polynomials is probably the most important topic. We already learn factor of polynomial .If you can't factor the polynomial then you won't be able to even start the probl
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a boy is six months old his sister was given birth to three month after him. if their cousin is 0.33years old, arrange their ages in ascending order
Find the centre of a circle passing through the points (6, -6), (3, -7) and (3,3).Also find the radius.
The conjugate of the complex number a + b i is the complex number a - b i . In other terms, it is the original complex number along the sign on the imaginary part changed. Here
Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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