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The owner of TMH Hospital wants to open a new facility in a certain area. He usually builds 25-, 50-, or 100-bed facilities, depending on whether anticipated demand is low, medium or high. On the basis of his past experience, the probabilities of low demand, Medium demand and high demand are estimated as 0.1, 0.4and 0.5 and the short-range payoffs in Rs are calculated as follows.
Demand Acts Build 25 bed Build 50 bed Build 100 bed
Low 30,000 -20,000 -40,000Medium 35,000 50,000 -10,000High 40,000 55,000 75,000
1) What would be the best decision?
2) What is the value of Expected Value of Perfect Information?
a man in rested rupee 800 is buying rupee 5 shares and then are selling at premium of rupee 1.15. He sells all the shares.find profit
I need help with my calculus
In the riangle ABC the AB=12 cm,AC=28 cm and angle ABC=120 degrees.BC=?
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John and Charlie have a whole of 80 dollars. John has x dollars. How much money does Charlie have? This problem translates to the expression 42 + (11 - 9) ÷ 2. Using order of o
what is the median of a set of data?
Here we learn: 1) Discussed what counting means, and stressed that it is not the ability to recite number names. 2) Talked about the need for a child to understand several pr
a. Random or probability sampling methods they involve: Simple random sampling Systematic sampling Stratified sampling Multi stage sampling b.
25/5(2+3)
We're here going to take a brief detour and notice solutions to non-constant coefficient, second order differential equations of the form. p (t) y′′ + q (t ) y′ + r (t ) y = 0
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