The is computed by multiplying each decision outcome under each state of nature by the probability of its occurrence. expected value expected value of perfect information expected opportunity loss none of these

Mr and mrs smith buy tickets for themselves and their four children. the cost of an adult ticket is ? 6 more than the adult ticket. the total cost of the six tickets is ? 40.50 work out the cost of an adult ticket. in your working let c be the cost of the child ticket and a be the cost of the adult ticket.

Is there an x intercept in the equation 60*1.15^x

High school seniors with strong academic records apply to the nation’s most selective colleges in greater numbers each year. because the number of slots remains relatively stable, some colleges reject more early applicants. suppose that for a recent admissions class, an ivy league college received 2851 applications for early admission. of this group, it admitted 1033 students early, rejected 854 outright, and deferred 964 to the regular admission pool for further consideration. in the past, this school has admitted 18% of the deferred early admission applicants during the regular admission process. counting the students admitted early and the students admitted during the regular admission process, the total class size was 2375. let e, r, and d represent the events that a student who applies for early admission is admitted early, rejected outright, or deferred to the regular admissions pool. suppose a student applies for early admission. what is the probability that the student will be admitted for early admission or be deferred and later admitted during the regular admission process?