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Question: 1. Describe the new risks facing society today. Give examples of risks in electronic commerce.
2. Given the utility function u(W) = W- vW and initial endowment of $100
Outcome (Probability)
Payoff Lottery 1
Payoff Lottery 2
Payoff Lottery 3
H(0.50)
5
9
8
T(0.50)
-2
-5
-3
a. Calculate the expected payoff of each lottery.
b. Rank the three lotteries according to the expected dollar winnings.
c. Calculate the expected utility of each lottery.
d. Rank the three lotteries according to the expected utility.
A basketball player claims to make 47% of her shots from the field. We want to simulate the player taking sets of 10 shots, assuming that her claim is true.
Perform an ANOVA, fill out a summary table, and write an interpretation of the analysis at this point.-If appropriate, calculate HSDs for all pairwise comparisons.Write an overall interpretation of the results of the study.
What's the probability that 2 or more people arrive in the next 10 minutes?
Calculate the net present value for this project assuming a cost of capital of 15 per cent. Explain how this calculation might help the company.
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If level of significance ( α ) is 0.005 in two-tail test, how large is non rejection region under curve of the t distribution?
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What fraction of the larger parts are longer than 2.05 inches? - What fraction of the larger parts are between 1.96 inches and 2.02 inches long?
If we wish to compare the typical numbers of accidents for these men and women, should we compare the means or the medians? Why?
Netvalley.com compiled a list of the top 100 banks in the United States according to total assets. Leading the list was Bank of America, followed by JPMorgan.
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