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1.) Consider a following decision problem: You are at the dog-racing betting window. You may choose not to bet or you may bet on one of two dogs. Betting on Snoopy costs $1 and you get paid $2 if he wins. Betting on Lassie costs $1 and you get paid $11 if she wins. You believe that snoopy has probability 0.7 of winning, and that Lassie has probability of 0.1 of winning. There are other dogs racing on which you are not considering betting.
a) Draw the decision tree for this problem.
b) What is the best course of action and what is your expected payoff?
c) You are offered a gambler's "anti-insurance", which you may accept or decline. If you accept it, you get paid $2 up front and you agree to pay 50% of any winnings you receive. Draw the new decision tree and find the optimal action.
time lost due to employee absenteeism is an important problem for many companies. the human resources department of
Thirty workers complete a project in 20 days. For the project to be completed in 10 days, how many additional workers are needed if each new worker is only half as productive as the original group?
What is the difference between domain and range? Describe a real-life situation that could be modeled by a function. Provide feedback about your classmates' answers.
Determine the spectrum of the following graphs. For this problem, it may be useful to consider the following. The adjacency matrix A(G) of a graph G on n vertices can be identified as a linear map from Rn to Rn
Does the OTR time appear to be stable? Why or why not? If you were to use a control chart to evaluate stability, which chart would you use? Why? What can you learn about the distribution of the installation process
Watch The Full History of Apple video (https://www.youtube.com/watch?v=9k-yfW6uPKQ). Select a new or old Apple product and then use one or more business ratios or metrics to determine whether or not the product should have failed or succeeded.
Show that the account grows at a rate proportional to A. (Continuous compounding means interest is being added continually, rather than after a specified length of time.)
A second purchase same prices, included 15 pounds of wheat flour and 10 pounds of rye flour. The cost of the second purchase was 16.75. Find the cost per pound of the wheat flour and the rye flour.
The lengths of a particular animal's pregnancies are approximately normally distributed, with mean μ days and standard deviation σ days. (a) What proportion of pregnancies lasts more than 268 days? (b) What proportion of pregnancies lasts between 2..
vWrite actual code in an actual programming language
Now I'm looking for a way to compute the value of an investment at a given rate with making regular deposits into the account (e.g. Adding 500/month at 6% compounded weekly for ten years). Any ideas?
Linear Regression features to find the equation for V.
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