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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.
x+2y^2=63 and 4x+y^2=0; Find the area of the regions enclosed by the lines and curves.
write FORTRAN programme to generate prime numbers between 1 and 100
Our objective is solve the following fourth-order BVP: (a(x)u'' )'' = f (x) u(0) = u(1)=0 u(0)' = u(1)'=0 (a) Give the variational formulation of the above BVP. (b) Describe the
Are there more rational numbers than integers?#
#i hve two qestion on Differential Equation i need solve it..
The two sides of a triangle are 17 cm and 28 cm long, and the length of the median drawn to the third side is equal to 19.5 cm. Find the distance from an endpoint of this median to
how do you graph y+3=-x+3x on a TI-83 graphing calculator?
log8-log3
Simple Random Sampling It refers to the sampling technique whether each and every item of the population is described an equal chance of being included in the sample. Because s
ARITHMETIC PROGRESSIONS: One of the endlessly alluring aspects of mathematics is that its thorniest paradoxes have a way of blooming into beautiful theories Examp
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