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Suppose that there is a 60% probability that the product will be a success on the market (that means, the probability of failure is 40%). If the product is a success, you will get a profit of $200,000, and if it is a failure, you will incur a loss of $100,000. Should you develop this product? How do you make a decision in this situation? Also, how can one come up with the probability of success (or failure)?
Probability review: quota; banzhaf distribution; shapely-shubick distribution; dictators, veto power players, dummies please show all work for complete understanding, find probality of pulling ethier an even number card or a red number card on one pu..
Create a system of equations that includes one linear equation and one quadratic equation and create a rational equation that has an extraneous solution.
Find the maximum rate of increase at P.
Given the following matrices/vectors:linear systems: find x,y such that Ax=b and Ay=a (note x, y with vector character over each)
A mini license plate for a toy car must consist of three numbers followed by a letter. Each number must be a 3,6, or 9. Repetition of digits is NOT permitted. Each letter must be an A, B, or C.
Pronet has annual sales of $724 million from its 600 retail stores. Pronet can reduce its mail float by 2 days through the use of wire transfers. The annual cost of the wire transfers is expected to be $105,610.
Problems on linear regression equation
Write a recursice algorithm to find x^n mod m whenever n,x and m are positive integers based on the fact that : x^n mod m = (x^(x-1) mod m * x mod m)mod m
Write mathematical expression for the given statement and Solve and find the value of unknown.
A union official wanted to get an idea of whether a majority of workers at a large corporation would favor a contract proposal. She surveyed 500 workers and found that 240 did not favor the proposal.
Solving problems on venn diagram
The tangent line equation
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