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Should that tragedy happen, the company will have to pay $15000. The company charges my father $1000 for the insurance policy. What is the expected value of this policy to my father?
A 1-minute television ad costs $30,000 and 1- minute radio add costs $5,000. French Enterprise should decide how many television ads to buy. Write down the decision variables?
1. Simulation is one way to find an expected value for Janet Dawes's problem as diagrammed in Figure 11.3. How could you construct a discrete approximation that would at least provide an approximate expected cost for Supplier 2? 2. What other real..
Positive sales means positive net earnings for any business, sales have no effect on net revenues and insufficient sales can lead to net losses for some businesses.
Standard deviation was increased to 40, determine the overall effect on their society? Would this change be a good thing?
although you can compute a z-score for a single score a sample of n1 it is impossible to compute a t statistic for a
when a survey calls residential telephone numbers at random only 24 of the calls reach a live person. you watch the
consider a dial having a pointer that is equally likely to point to each of n region numbered 12...n. when we spin the
At.05 level of significance test to find out if number of breakdowns is independent of shift.
Let X denote number of students which were on bus carrying this arbitarily selected student. One of the 4 bus drivers is also arbitarily selected. Calculate expectations and variances of X.
in boston record game fishes it is stated that in the cozumel region approximately 40 of strikes while trolling result
Suppose x has a distribution with μ = 29 and σ = 22.(a) If a random sample of size n = 41 is drawn, find μ, σ and P(29 ≤ ≤ 31). (Round σ to two decimal places and the probability to four decimal places.)
problem 1provide me a 1.5 pages of discussion and answer each question in detail. also label each question with each
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