Mathematics, 23.03.2021 03:50 lezapancakes13
A marketing research firm wishes to determine if the adult men in Laramie, Wyoming, would be interested in a new upscale men’s clothing store. From a list of all residential addresses in Laramie, the firm selects a simple random sample of 100 and mails a brief questionnaire to each. What is the population of interest?
Answers: 3
Mathematics, 21.06.2019 22:30, abigail251
The given diagram shows the parts of a right triangle with an altitude to the hypotenuse. using the two given measures, find the other four.
Answers: 1
Mathematics, 22.06.2019 06:40, animationfusion
Mobon oil company owns a lease that entitles it to explore for oil on a parcel of offshore land in california. since the lease is about to expire mobon must now decide whether to drill for oil at the site or to sell the lease to excel oil company, which has just offered mobon $50,000. mobon estimates it would cost $100,000 to drill at the site. if the well were dry, all this cost would be lost. if the well were successful, its value to mobon would depend on the extent of the oil discovered. for simplicity, mobon assumes there are only two types of successful wells: minor and major success. mobon estimates that a minor success would result in revenues of $200,000 in excess of the drilling cost, whereas a major success would result in revenue of $500,000 in excess of the drilling cost. mobon has assessed the following probabilities: if the well is dry then the probability is 0.7, if it is a minor success the probability is 0.2, and if it is a major success the probability is 0.1. a) construct an appropriate payoff matrix, b) using the maximax criterion, identify the optimal decision c) using the maximin criterion, identify the optimal decision d) using the minimax criterion, identify the optimal decision e) using the emv criterion, identify the optimal decision
Answers: 1
Mathematics, 22.06.2019 06:50, slixmaster89
Without graphing, identify the quadrant in which the point (x, y) lies if x < 0 and y < 0.
Answers: 2
A marketing research firm wishes to determine if the adult men in Laramie, Wyoming, would be interes...
History, 11.03.2021 18:20
Mathematics, 11.03.2021 18:20