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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?
What is the slope of the line tangent to f(x)=3-2 ln(2x^2+4) at the point (4, f(4))
jenna asked 100 of her schoolmates if they have had their first kiss and 43 of them said yes
Let G be a group acting on a set X. The action is called faithful if for any g ≠ 1 ∈ G there exists an x ∈ X such that gx ≠ x. That is, only the identity fi xes everything. Prov
what is the meaning of volume of plane figures?
Question Suppose that f(x) has (x - 2) 2 and (x + 1) as its only factors. Sketch the graph of f. State all the zeros of f.
need help with future value project
sin(2x+x)=sin2x.cosx+cos2x.sinx =2sinxcosx.cosx+(-2sin^2x)sinx =2sinxcos^2+sinx-2sin^3x =sinx(2cos^2x+1)-2sin^3x =sinx(2-2sin^2x+1)-2sin^3
A non-empty set or group of which all the sets under concern are subsets is known as the universal set. In any part of application of set theory, all the sets under concern might l
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Sketch several trajectories for the system, x 1 ' = x 1 + 2x 2 x 2 ' = 3x 1 + 2x 2
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