Business, 23.03.2020 19:30, EliHarris517
California is designing a new lottery scratch-off game to help support tutoring services at its public universities. In the latest game, the player is instructed to scratch off one spot: A, B, or C. A can reveal "Loser," "Win $1," or "Win $50." B can reveal "Loser" or "Take a Second Chance." C can reveal "Loser" or "Win $500." On the second chance, the player is instructed to scratch off D or E. D can reveal "Loser" or "Win $1." E can reveal "Loser" or "Win $10." The probabilities at A are 0.9, 0.09, and 0.01. The probabilities at B are 0.8 and 0.2. The probabilities at C are 0.999 and 0.001. The probabilities at D are 0.5 and 0.5. Finally, the probabilities at E are 0.95 and 0.05. Draw the decision tree that represents this scenario. What is the expected value of this game?
Answers: 2
Business, 22.06.2019 10:00, lm942747
What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 22:00, lionscoachjose
Most economists report the elasticity of demand asa. the absolute value of the actual number. b. a negative number, since price and quantity demanded move in opposite directions. c. a percentage, since both the numerator and denominator are percentages. d. a dollar amount, since we are measuring the change in price.
Answers: 2
Business, 22.06.2019 23:20, hernandezeileen20
Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?
Answers: 3
California is designing a new lottery scratch-off game to help support tutoring services at its publ...
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