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Given the following decision tree, perform the tasks listed below
1. Simulate the route through the test market and produce results for twenty simulations, calculating the payoff in each case.
2. Calculate the probability that the company should abandon the project without going through the test market, i.e. the probability that a loss will be made on the project if the test market is conducted.
3. Calculate the expected return from the simulated payoff and compare it with the expected payoff based on the decision tree.
4. Advise the company on their choices.
Hi, I really need an idea and a layout on where i should take my Maths assignment. This is for Year 12, and i want to focus on Maths in Music. It has to be at least 6 to 12 pages l
Write a program to find the area under the curve y = f(x) between x = a and x = b, integrate y = f(x) between the limits of a and b. The area under a curve between two points can b
how to solve the equation of an inverse function
The low temperature in Anchorage, Alaska present was -4°F. The low temperature in Los Angeles, California was 63°F. What is the difference in the two low temperatures? Visualiz
Solve 3 + 2 ln ( x /7+3 ) = -4 . Solution This initial step in this problem is to get the logarithm by itself on one side of the equation along with a coefficient of 1.
What decimal is represented by point A on the number line? The hash marks indicate units of 0.01 between 0.75 and 0.80. Point A is 0.77. See the ?gure below.
1
how do you write this polynomial in standerd form 5x3 + x5 - 8 + 4x ?
Objectives After studying this unit, you should be able to briefly describe the developmental stages of children's thinking and learning processes; assess the levels
problem set d, #7
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