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- In this version of dice blackjack, you toss a single die repeatedly and add up the sum of your dice tosses. Your goal is to come as close as possible to a total of 7 without going over. You may stop at any time. If your total is 8 or more, you lose. If your total is 7 or less, the house then tosses the die repeatedly. The house stops as soon as its total is 4 or more. If the house totals 8 or more, you win. Otherwise, the higher total wins. If there is a tie, the house wins. Consider the following strategies: Keep tossing until your total is 3 or more. Keep tossing until your total is 4 or more. Keep tossing until your total is 5 or more. Keep tossing until your total is 6 or more. Keep tossing until your total is 7 or more. For example, suppose you keep tossing until your total is 4 or more. Here are some examples of how the game might go: You toss a 2 and then a 3 and stop for total of 5. The house tosses a 3 and then a 2. You lose because a tie goes to the house. You toss a 3 and then a 6. You lose. You toss a 6 and stop. The house tosses a 3 and then a 2. You win. You toss a 3 and then a 4 for total of 7. The house tosses a 3 and then a 5. You win. Note that only 4 tosses need to be generated for the house, but more tosses might need to be generated for you, depending on your strategy. Develop a simulation and run it for at least 1000 iterations for each of the strategies listed previously. For each strategy, what are the two values so that you are 95% sure that your probability of winning is between these two values? Which of the five strategies appears to be best?There are 2657 professors in a college out of which one ofthem has to be selected for promotion through a game.Everyone will sit in a circle with numbered chairs. Each ofthem will evict the professor to his left, starting from the firstchair, and this cycle will go on until one last professor is left.Now you are one of the professors, which chair would youpick to ensure you get promoted?The number of ‘lines’ on an order is defined to be the number of unique products on that order. An operation has an average lines per order of 2.8. 60% of those orders are single line orders. What is the average lines per order for the set of multi-line orders?
- TRUE OR FALSE In Simplex Method, the pivot element should be changed to 1 in the formulation of the next table.This question is short answer is not writting essay Laura's Employment Dilemma Laura Gomez just completed her MPA program at the University of Southern California. She entered the program as a midcareer student after spending 12 years as a state employee in Sacramento. During those 12 years, she worked in a budget office, where she found the work to be tedious and routine. She wanted a change and thought that the best way of going into the job market was to have an MPA in hand. During her academic program, she concentrated on public management. At home, she is a single parent with two children, 8 and 10 years of age. She feels a great deal of responsi- bility for these children and wants to be available to participate in their lives on a daily basis. Laura has been interviewing, and with her experience and education she has had several job offers. The first came from a management consulting firm in the Midwest. The management consulting firm is interested in more work in the public…Player A begins by placing a checker on the lower left-hand corner of a checkerboard (8 by 8 squares). Player B places a checker one square to the right or one square up or one square diagonally up and to the right of Player A’s checker. Then A places a checker one square to the right or one square up or one square diagonally up and to the right of Player B. The players continue alternating moves in this way. The winner is the player who places a checker in the upper right corner. Would you rather be Player A or Player B? a) For this week’s homework, you are to find a winning strategy and express that winning strategy in a way that is easy to understand. b) Now generalize the board to any sized rectangle (mxn). What is your winning strategy now?
- Suppose that you are a manager in an organization and your staff required laptops for routine work. You have limited budget, time and specifications required in the laptops. You have to solve this problem. How can you solve the problem in a sequential manner?Which of the following statements is correct regarding the EMH form? Select one: None of the answers are correct If the market is weak-form efficient, then it is also semistrong and strong-form efficient. If the market is semistrong form efficient, then it is also strong form efficient If a market is strong-form efficient, it is also semistrong and weak form efficient If the market is strong-form efficient, it is also semistrong but not weak-form efficientWhen portraying the power law on a log-log graph, the y-axis is the logarithm of the unit costs, and the x-axis is the cumulative output.
- A vice president and a secretary are to be chosen from an organization consisting of 30 people. How many different choices of officers are possible if (there are no restrictions); 1. Alice will serve only if she is president;2. Bob and Cath will serve together or not at all;3. Divine and Ethel will not serve together?M is any large numberEighty White applicants and 40 Black applicants applied for a set of job openings in your firm. Assume that you have hired 40 of 80 White applicants. In order to avoid an adverse impact, you should hire a minimum of ______ Black applicants. A. 12 B. 20 C. 16 D. 14 E. 18