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A young engineer has invented holographic mobile phones and has approached a venture capital company to invest in it. The venture capital company considers the product to be an all or nothing product: either everyone will want one because everyone else has one or no one will want one because there will be no one to use it with. The company believes that the probability that it will take off netting them a profit of $2000000 is 0.14. If it doesn't take off then they expect that they would loose $200000. They are considering using a consumer survey to gather more information. However, the company has experience that shows that the probability that the consumer survey will predict success for a product that will fail is 0.24, and the probability that the consumer survey will predict failure when the product will be a success is 0.07. What is the monetary value of the information from a consumer survey to the venture capital company in this case? (ie what is the maximum that they should spend on a consumer survey)?
Important information about Chemicals for Indoor Concrete Flooring Explanations on high solids floor finish chemicals used on indoor concrete flooring
Determine the original composition of the feed mixture and the composition of the resulting extract layer. free solution
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During the research that led to production of the two atomic bombs used against Japan in World War II, different mechanisms for obtaining a supercritical mass of fissionable material were investigated.
For parts (a), (c), (d), (f), and (h) of Problem 10.20, determine the approximate percentages of the microconstituents that form. (a) Rapidly cool to 250(C (480(F), hold for 103 s, then quench to room temperature.
when sulfuric acid is a component of polluted air it chemically attacks statues memorials and monuments made from
The advanced technologies used for solar power generation
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The Cookenwythe Gas Company pumps propane gas to the nearby Noxious Chemicals, Inc., polypropylene production plant. The gas is metered at the noxious plant at 400m3/h at 4.7atm gauge and 30°C.
Miscellaneous friction losses due to the tanker outlet constriction and the pipe fittings in the inlet piping are equivalent to 1000 equivalent pipe diameters. The vapor pressure of chlorine at the maximum temperature reached at the pump is 685 kN..
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