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The owner of TMH Hospital wants to open a new facility in a certain area. He usually builds 25-, 50-, or 100-bed facilities, depending on whether anticipated demand is low, medium or high. On the basis of his past experience, the probabilities of low demand, Medium demand and high demand are estimated as 0.1, 0.4and 0.5 and the short-range payoffs in Rs are calculated as follows.
Demand Acts Build 25 bed Build 50 bed Build 100 bed
Low 30,000 -20,000 -40,000Medium 35,000 50,000 -10,000High 40,000 55,000 75,000
1) What would be the best decision?
2) What is the value of Expected Value of Perfect Information?
(b) The arity of an operator in propositional logic is the number of propositional variables that it acts on – for example, binary operations (e.g, AND, OR, XOR…) act on two propo
if 500kg of food lasts 40 days for 30 men.how many men will consume 675kg of food in 45 days.
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Here we know x can only be 1 or -1. so if it is 1 ans is 2. if x is -1, for n even ans will be 2 if x is -1 and n is odd ans will ne -2. so we can see evenfor negative x also an
Problem. You are given an undirected graph G = (V,E) in which the edge weights are highly restricted. In particular, each edge has a positive integer weight of either {1, 2, . .
Exercise 12c question number 24
2.When investigating times required for drive-through service, the following results (in seconds) were obtained. Find the range, variance, and standard deviation for each of the tw
E1) Create a guessing game for children of Class 2, to familiarise them with the concept of a time interval E2) How could you use group dancing to teach concepts of geometry? Th
Millie purchased six bottles of soda at $1.15 each. How much did she pay? To ?nd out the total cost of six bottles, you must multiply the cost per bottle through 6; $1.15 × 6 =
Frequency Distribution or Variance Ratio Distribution This was developed by R. A Fisher in 1924 and is normally defined in terms of the ratio of the variances of two usually d
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