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Given the following decision tree, perform the tasks listed below
1. Simulate the route through the test market and produce results for twenty simulations, calculating the payoff in each case.
2. Calculate the probability that the company should abandon the project without going through the test market, i.e. the probability that a loss will be made on the project if the test market is conducted.
3. Calculate the expected return from the simulated payoff and compare it with the expected payoff based on the decision tree.
4. Advise the company on their choices.
Ashow that sec^2x+cosec^2x cannot be less than 4
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1. The number of accidents attended to by 6 emergency ambulance stations during a 5 month period was: Station May June July Aug Sep A 21 20 22 37 37
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Descrbe about Arithmetic and Geometric Sequences? When numbers are listed according to a particular pattern, we call the list a sequence. In a sequence, the numbers are separat
whats the area of a triangle
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