Mathematics, 29.02.2020 04:59, johnlecona210
Lizabeth, the manager of the medical test firm Theranos, worries aboutthe firm being sued for botched results from blood tests. If it isn’t sued, thefirm expects to earn profit of $120, but if it is successfully sued, its profit will beonly $10. Elizabeth believes that the probability of a successful lawsuit is 20%.If fair insurance is available and Elizabeth is risk averse, how much insurancewill she buy? (Hint: Assume that Elizabeth starts with a wealth ofwand shebuys insurance coveringx≤(120−10) = 110 of her loss. Write down herexpected utility as a function ofxand then take a derivative with respect toxto find the optimal insurance. If you want more hints, have a look at the secondinsurance problem solved in the lecture notes.)
Answers: 3
Mathematics, 21.06.2019 13:20, jimmyjimjim
Sherina wrote and solved the equation. x-56=230 x-56-56=230-56 x=174 what was sherina’s error? sherina’s work is correct. sherina only needed to subtract 56 from 230. sherina made a subtraction error when subtracting 56 from 230. sherina should have added 56 to both sides of the equation.
Answers: 2
Mathematics, 21.06.2019 19:00, notsosmart249
The focus of parabola is (-4, -5), and its directrix is y= -1. fill in the missing terms and signs in parabolas equation in standard form
Answers: 1
Mathematics, 21.06.2019 19:30, jossfajardo50
Aproduction manager test 10 toothbrushes and finds that their mean lifetime is 450 hours. she then design sales package of this type of toothbrush. it states that the customers can expect the toothbrush to last approximately 460 hours. this is an example of what phase of inferential statistics
Answers: 1
Mathematics, 21.06.2019 19:30, estherstlouis7812
1. find the area of the unshaded square 2. find the area of the large square 3. what is the area of the frame represented by the shaded region show
Answers: 1
Lizabeth, the manager of the medical test firm Theranos, worries aboutthe firm being sued for botche...
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