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Approximately 14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the U.S. economy $300 billion in medical expenses and lost productivity. Despite the enormous potential market, many biotech companies have shied away from funding research and development (R&D) initiatives to find a cure for drug and alcohol addiction. Your firm - Drug Abuse Sciences (DAS) - is a notable exception. It has spent $195 million to date working on a cure, but is now at a crossroads. It can either abandon its program or invest another $60 million today. Unfortunately, the firm's opportunity cost of funds is 7 percent and it will take another five years before final approval from the Federal Drug Administration is achieved and the product is actually sold. Expected (year-end) profits from selling the drug are presented in the accompanying table.
Year 1 - 0 Year 2 - 0 Year 3 - 0 Year 4 - 0 Year 5 - $13,100,000 Year 6 - $15,200,000 Year 7 - $16,800,000 Year 8 - $18,300,000 Year 9 - $19,900,000
Find the Net Present Value Rounded to two decimal places
Odds and probability, A casino states that the house odds (note: house odds are the odds that the gambler will lose) for a certain game are 23 to 2.
Hypothesis test for single mean
the entries in the 3 x 3 array are all the digits from 1 to 9 arranged so that the entries in every row and every
What is a mathematical model? Explain in your own words. What are some examples of mathematical models that we can use when working with quadratic functions? (Minimum 300 words).
1 .what results in your departments seem to be correlated or related to other activities? how could you verify this?
The length of an object is 3 times with the following results. 6.145cm, 6.12cm, and 6.2 cm . If the acutal value of the length is 6.11 cm , find the percent error between the average meansurement and the acutal value. Show all work.
suppose that the mean of the annual return for common stocks from 2000 to 2012 was 8.5 and the standard deviation of
Let H be a group and tau_1 : H ---->G_1, tau_2 : H ----> G_2, ... , tau_n : H -----> G_n homomorphism with this property: whenever G is a group and g_1 : G ---->G_1, g_2 : G ----G_2, ..., g_n : G ----> G_n are homomorphism
What is the probability that a randomly selected automobile manufactured by the company will have a defective microprocessor?
Use the formula S = R - D • R, where S is the sale price, R is the regular price, and D is the discount rate. During a clearance sale, all items are dis¬counted 30%. Find the regular price of a compact disk player on sale for $112.
how is the global social progress being measured today? name some indicators of development progress that you believe
Mary is taking courses in both Reading and English. She estimates her probability of passing Reading of 0.4 and English at 0.6 and she estimates her probability of passing at least one of them at 0.8.
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