User Account

All Pages

Choosing investment with best chance of success

Assignment Help Business Economics
Reference no: EM132201117

You are contemplating making one of 3 investments, A, B, or C. Here is some information about the chance of each being successful:

  • Investment A has a 0.64 chance of being successful.
  • The success of investment B depends on two smaller investments, B1 and B2, each of which has a 0.40 chance of being successful. If either B1 or B2 is a success, then B will also be a success. The success of B1 is independent of the success of B2.
  • Investment C depends on two smaller investments, C1 and C2, each of which has a 0.80 chance of success. C is successful if both C1 and C2 are successful. The success of C1 is independent of the success of C2.

Given this information, which of the 3 investments would you make, A, B, or C, if you are interested in choosing the investment with the best chance of success? Please show your work.

Reference no: EM132201117

Questions Cloud

Find the probability that exactly 8 customers : Find the probability that exactly 8 customers pay with a credit card. Show calculations. (2) Find the probability that less than 2 customers pay
Describe the right briefly using given information : Describe the right briefly and then discuss if there are any attempts to curtail (reduce) or eliminate (erase) these rights. You can use the cases described.
What is the probability that all 100 of the students : What is the probability that all 100 of the students and alumni get the number of tickets they wish to buy? Please show your work.
Excess of what weight could he lift about : In excess of what weight could he lift about 5% of the time? Please show your work.
Choosing investment with best chance of success : If you are interested in choosing the investment with the best chance of success? Please show your work.
What is the probability that she is a carrier : Suppose the woman has a son who does not have the disease; what is the probability that she is a carrier (to one decimal place)?
Procedure results in a binomial distribution : Forty people are randomly chosen from people in the U.S. and as
Write a java program to test if an array contain value : Write a Java program to test if an array contains a certain value. Input-The value (x), the items of the array
Strategy for the implementation of change : Project Management ECM28EMD - Select and apply appropriate tools and techniques for the planning and management of a project

Reviews

Write a Review

Business Economics Questions & Answers

  Identify five activities you do to enhance production

Identify five activities you do to enhance production (but not counted as cost of production at moment) which should actually be counted as part of your implicit cost.

  Now determine equilibrium quantity

Assume that demand for a commodity is represented by the equation formula p= 90-2Qd Supply is represented by the equation formula p=-5+3Qs where Qd and Qs are quantity demanded and quantity supplied, respectively, and P is price. Using the equilibriu..

  Substitution and income effect for the utility function

Calculate the substitution and income effect for the utility function: u(x,y) = x + lny and show that the Slutsky equation applies to those cases.

  Discuss each of the pricing strategies

Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? Explain your answer.

  Interest rates are rising-using graphical analysis

Interest rates are rising and there is an expectation among consumers that there will be a severe recession over the coming months. Using graphical analysis, demonstrate the impact each of these will have on the economy and specifically on Canadian G..

  Find the price-output-production quotas and price

In an industry there are two firms with the following cost functions: c1(q1) = 2 (q1)2, and c2(q2) = (q2 )2, where q1 and q2 denote the production level of every firm. The market demand is: p= a–Q,where a is a positive parameter, and Q=q1 +q2. 1.1 Fi..

  Decision not to build new infrastructure

Would existing residents win or lose from the decision not to build new infrastructure? Consider this question in terms of:

  The lender offers you two interest rates

You want to borrow $20000. The lender offers you two interest rates to choose from. You can borrow for 8 years at either 10% per year simple interest or at 8.5% per year compounded monthly. The loan is to be paid in a lump sum. How much interest will..

  Calculate change in welfare compared to free market outcome

calculate the change in welfare compared to the free market outcome (i.e., in the absence of minimum wages). Is this a welfare gain or a loss?

  By paying a higher-than-market wage

By paying a higher-than-market wage, a firm can avoid the problem of:

  What should the manager do

Going directly to the market with no testing is right 50% of the time. If the product launches and is a success, the payoff will be $1.2M. What should the manag

  Price elasticity of demand for good

Suppose the own price elasticity of demand for good X is -3, its income elasticity is -2, its advertising elasticity is 3, and the cross-price elasticity of demand between it and good Y is -5. Determine how much the consumption of this good will chan..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd