Discuss the risks involved with those expectations

Reference no: EM132916495

Question: Identify a situation from your own experience that involves making decisions using expected value, and detail the different options, expectations, and payouts.

Discuss the risks involved with those expectations and, if applicable, the payouts. Include in your discussion an explanation of how to determine how much information to gather to minimize uncertainty. Finally, explain which decision should be made.

Reference no: EM132916495

Questions Cloud

What is the rate of return investors earn on this investment : Assume these investments sell for ?$551 in return for which you receive ?$2,000 in 30 years. What is the rate of return investors earn on this investment

What annual rate of return must Kirk earn : Assume that the cost of the ring will be $13,000 in 8 years. Kirk currently has $4,452 to invest. What annual rate of return must Kirk earn

What the total interest paid by the time this loan is repaid : Consider a 25-year $500,000 loan with monthly compounding and quarterly payments with interest of 5% (APR). What the total interest paid by the time

Generalization of the desired behavior : You will select at least one tactic for promoting generalization that could be used to support the student's generalization of the desired behavior.

Discuss the risks involved with those expectations : Identify a situation from your own experience that involves making decisions using expected value, and detail the different options, expectations, and payouts.

Explain a time you encountered non-uniform pricing : Explain a time you encountered non-uniform pricing, or price discrimination. Identify the type of price discrimination it was. Using the criteria necessary

Important for students to talk about math : Why is it important for students to talk about math? What kinds of pre-discussion activities facilitate student discourse about math?

Define and give an example of a blue ocean strategy : The primary means for gaining and sustaining competitive advantages for companies are shifting downstream. Is that also the case in a circular economy

Determine income from discontinued operations : A Company is required by contract to pay its employees for P800,000. Determine income from discontinued operations

User Account

All Pages