Mathematics, 16.05.2021 01:30, barkahigh8089
A company is considering a new marketing plan that will cost $600,000 Based on answers from a random sample of consumers, the company's marketing analysts have prepared the following table, which shows the probabilities of various payoffs the company could expect from the new plan. $500,000 $750,000 $1,000,000 $2,000,000 P(x) 0.50 0.30 0.15 0.05 The analysts calculate that the mean of the discrete random variable x is $725,000. This is the expected payoff to the company of the marketing plan. The analysts excitedly take this to their boss, who says, "Wait a minute! This plan is going to cost us $600,000. What about the variance in your estimate?" Which of the following choices is closest to the standard deviation of x? A. $725,000 B. $125,000 C. $118,000,000,000 D. $344,000 E. $86,000β
Answers: 2
Mathematics, 21.06.2019 18:00, madiballet125
What are the equivalent ratios for 24/2= /3= /5.5=108/ = /15
Answers: 1
Mathematics, 22.06.2019 03:30, keyonaemanieevans
The diameter of the moon is about 3500 km. approximate the surface area of the moon using the formula for the surface area of a sphere, s = 4Οr2. write your answer in scientific notation.
Answers: 1
Mathematics, 22.06.2019 04:30, shanekamayo1120
In which month was the peak, the largest deposit, made? january june july august
Answers: 1
A company is considering a new marketing plan that will cost $600,000 Based on answers from a random...
History, 05.03.2021 01:00
Mathematics, 05.03.2021 01:00
Mathematics, 05.03.2021 01:00