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1. Explain why proportional scores represent a risk attitude that is risk-neutral.
2. An MBA student evaluating weather outcomes for an upcoming party has concluded that a sunny day would be twice as good as a cloudy day, and a cloudy day would be three times as good as a rainy day. Use these assessments to calculate utilities that range from 0 to 1 for sunny, rainy, and cloudy days.
3. Explain in your own words why swing weights produce meaningful weights for evaluat ing alternatives.
4. A decision maker is assessing weights for two attributes using the swing-weight method. When he imagines swinging the attributes individually from worst to best, he concludes that his improvement in satisfaction from Attribute A is 70% of the improvement from swinging Attribute B. Calculate kA and kB.
The actual proportion of doctors is less than 90%, a random sample of 100 doctors resulted in 85 who recommended brand Z. The test statistic is approximately?
Assume that 13 % of the population of the U.S. is left-handed. If a random sample of 180 people from the U.S. is chosen, approximate the probability that fewer than 26 are left-handed.
Test the hypothesis that there is no difference between the means of retailers (α= .05). Select a multiple comparison test, if necessary, to determine which groups differ in mean sales (α= .05).
a calculate a confidence intervals for p1 at 1 significance level. mu 395625 sd78550. are the confidence intervals
suppose a production facility purchases a particular component part in large lots from a supplier. the production
You select a random sample of 16 cities similar to Statesville in demographic and economic characteristics and collect the following data on FOOTAGE (in 10,000 square feet) and RETURN (rate of return as a %). a. Analyze the above output to determi..
What I need are relevant questions for a survey questionnaire that will be valid for testing each of 3 hypotheses. Include the variables tested.
hamil sopa took a random sample of 60 invoices from his years records. the mean value of invoices in this sample was
Suppose that Total Revenue = 200Q and Total Cost = 80 + 50Q where Q, the quantity sold, is a random variable with expected value 20 and variance 4.
At the 0.05 level of significance, test whether the software package has reduced the average time it takes to complete deliveries.
A sample of 25 concession stand purchases at the October 22 matinee of Bride of Chucky showed a mean purchase of $5.29 with a standard deviation of $2.91.
using a binomial table find the binomial probabilities px associated with given n ratio and x. a. n6 ratio 0.10 p4 b.
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