Find out the expected number of points resulting

Assignment Help Business Economics
Reference no: EM1362674

A basketball player who makes 75% of his free throws comes to the line to shoot a one on one. That is, if the first shot is successful, the player is given a second shot; if not, he gets no second shot. One point is scored for each successful shot. Assume the outcome of the second shot if there is one, is independent of that of the first

a) find out the expected number of points resulting from the one on one

b) compare this with the expected number of points from a two shot foul, where the second shot i always given

 

Reference no: EM1362674

Questions Cloud

Explain developed a new whole-house weather blanket : Explain developed a new whole-house weather blanket and needs to determine the price point at which builders would switch to this new product.
How much kinetic energy does the block gain : The charge is uniformly distributed within volume of each sphere.How much kinetic energy does the block gain.
Analyze the tax implications : Analyze the tax implications of capital gains and/or losses based on the following case study. Apply the IRS codes to calculate adjusted gross income for individuals. Support your conclusions with reference to specific IRS codes and regulations.
Show theories pertaining to face-saving : What understanding can you demonstrating on the significance of face-saving in social conflict and its resolution
Find out the expected number of points resulting : Find out the expected number of points resulting from the one on one. Compare this with the expected number of points from a two shot foul, where the second shot i always given.
Show compensation case study : Which jobs are paid more or less and Is this what you would have expected? Why/why not? What factors could explain the differences in the salaries?
What is its acceleration during the time it is stopping : A sound wave traveling at 340 m/s is emitted by the foghorn of a tugboat. An echo is heard 2.60 s later. How far away is the reflecting object? reply in units of m.
Micronutrient deficiencies problem : What are some common problems that arise from micronutrient deficiencies? How might these problems impact overall health & life expentancy?
Investment management : I am looking for assistance in the area of services of a stock broker and estate planner. I understand that they are individuals that assist people of all income variations who are attempting to set money aside from their financial earnings to invest..

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd