What is the expected value for the annual saving

Assignment Help Econometrics
Reference no: EM13218626

annual savings due to an energy efficiency projects have a most likely value of $30,000. the high estimate of $40,000 has a probability of .2, and the low estimate of $20,000 has a probability of .3. what is the expected value for the annual saving?

Reference no: EM13218626

Questions Cloud

Define percent of the fuel consists of the lighter isotope : what percent of the fuel consists of the lighter isotope? Assume that the masses of the two isotopes are exactly 235 and 238 amu.
What are profits associated with the option : Customers to Live Theaters, Inc. can be divided into two groups: seniors and everyone else. The inverse demand curves for each of the two groups are given below. The marginal cost (which equals the average variable cost) of serving an additional p..
Calculate the ev for the next years discount rate : over the last 10 years, the hurdle or discount rate for projects from the firms research and development division has been 10% twice, 15% three times, and 20% the rest of the time. There is no recognizable pattern.
State the compound contains calcium ions : An ionic compound forms when calcium (Z = 20) reacts with iodine (Z = 53). If a sample of the compound contains 1.20 1019 calcium ions, how many iodide ions does it contain?
What is the expected value for the annual saving : annual savings due to an energy efficiency projects have a most likely value of $30,000. the high estimate of $40,000 has a probability of .2, and the low estimate of $20,000 has a probability of .3. what is the expected value for the annual savin..
Calculate the total revenue and price elasticity of demand : A demand curve is given by the following equation: P = -2Q + 40. i) Calculate the Total Revenue when Q = 5 and when Q = 8. ii) Calculate the price elasticity of demand between Q = 5 and Q = 8. Round decimal answers to two places.
Explain what is the volume of mercury : What is the volume of 1.31 kg of mercury at 25 C? You can use any reliable reference to look up the density of mercury.
Determine which is pareto efficient to have economy produce : An economy is currently made up of a firm that produces bread, a firm that produces butter, and a consumer who consumes both bread and butter. Current production is 100 units of bread, 50 units of butter which the consumed by the consumer.
Calculate the number of electrons in a flake of pure gold : Compute the number of electrons in a flake of pure gold valued at $0.32. Assume that the price of gold is $1219.0/troy oz.

Reviews

Write a Review

Econometrics Questions & Answers

  What wage would the firm pay if the candidate was found

The firm prefers to have type M in job D type U in job E. In the best outside option, the candidate is paid $80,000 a year. The monetary value of disutility in the job D is $15,000 for type M and $30,000 for type U.

  How much money is required in the trust fund for engineering

the cost of equipment replacement is 150000 every 6 years, beginning 6 years from now. How much money is required in the trust fund now to build the engineering laboratory and maintain its perpetual operation and equipment replacement? The interes..

  What is the cross price elasticity of demand

XYZ Corporation is a manufacturer of widgets. Over the past several months, it has been selling its widgets for $100 each and unit sales have averaged 5,000 units per month. This month its competitor, ABC, Inc. raised the price of its widgets from..

  Determine whether it is better to rent or own

You currently pay $10,000 per year in a rent to a landlord for a $100,000 house, which you are considering purchasing. you can wualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for your own downpayment, you w..

  Who wish to purchase season tickets for football and cricket

Consider the following information about Adam and Betty who wish to purchase season tickets for football and cricket at the Sydney Cricket Ground: Season ticket for cricket Adam's willingness to pay $100 Betty's willingness to pay $600

  How to maintain software at the clients site

A recent internal study revealed that this client's demand for your software is Q^d = 100 - 0.1P and that it would cost you $500 per unit to install and maintain software at this client's site. the profit that results from charging this client a si..

  What is the point price elasticity of demand

Suppose that the demand for gasoline is given as P = 3.6-0.002Q where P is the price of gasoline in $ per litre and Q is liters of gasoline per day. If you know that current price of gasoline is $1.3, what is the point price elasticity of demand a..

  What is the profit-maximizing price

Suppose a pure monopolist is faced with the cost data shown in the table on the left and a demand schedule shown on the right. Calculate the missing total-revenue and marginal-revenue amounts. Instructions: Enter only whole numbers in the table be..

  Determine the capitalized cost of a series of cash flows

Determine the capitalized cost of a series of cash flows starting at the end of the first year with $400 and increasing at the rate of $100 for the next 5 years. The series of cash flows from year 1 to 6 repeats forever. MARR= 6%

  Forecast health care expenditures for households

Suppose Y is household income and he is household expenditures on health care. Use the data from the regression output to answer the given question:

  Identify five distinct points on the budget line

Consider two goods, Gorillas (G) and Chimpanzees (C). Your utility function for gorillas and chimpanzees is given by U(G,C)=ln(G)+C. Gorillas cost $10 each, and Chimpanzees cost $4 each. You currently have $200 to spend.

  What is the devices vb at the end of four years

Cisco Systems is purchasing a new bar code scanning device for its service center in San Francisco. The table that follows lists the relevant cost items for this purchase. The operating expenses for the new system are $10,000 per year, and the use..

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