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Value of perfect information This relates to the amount that we would pay for an item of information such would enable us to forecast the exact conditions of the market and act
Three Dimensional Spaces In this section we will start taking a much more detailed look at 3-D space or R 3 ). This is a major topic for mathematics as a good portion of Calc
if an object weighed 11 pounds how many ounces would it weigh
why minimum three coplanar vectors are required to give zero resultant and not two?
The sum of -4 and a number is equal to -48. What is the number? Let x = the number. Because sum is a key word for addition, the equation is -4 + x = -48. Add 4 to both sides o
A baseball card was worth $5.00 in 1940. It doubled in value every decade. How much was it worth in 2000?
Bayes’ Theorem In its general form, Bayes' theorem deals with specific events, such as A 1 , A 2 ,...., A k , that have prior probabilities. These events are mutually exclusive
These can be expressed in terms of two fundamental operations of addition and multiplication. If a, b and c are any three real numbers, then; 1.
there are
The government is auctioning off oil leases at two sites. At each site, 100,000 acres of land are to be auctioned. Cliff Ewing, Blake Barnes and Alexis Pickens are bidding for the
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