Math

StatisticsQ&A Librarythis a statistics question!!!! I am lookin for the monetary value!!!! For box a is $100,000 box b is -$55,000 box c is 0 and box d is 0 p1 = 75%p2 = 25% questions are 1. what EMV ( expected monetary value) amount do you come up with ? And what is your EMV decision ? In other words, do you build, or not?Question

this a statistics question!!!! I am lookin for the monetary value!!!!

For box a is $100,000

box b is -$55,000

box c is 0

and box d is 0

p1 = 75%_{p2 = 25% }

questions are

1. what EMV ( expected monetary value) amount do you come up with ? And what is your EMV decision ? In other words, do you build, or not?

Tagged in

Find answers to questions asked by student like you

Q: Determine whether to use a permutation or combination to answer each question, and then determine th...

A: Permutation rule:There are n different items and r number of selections and the selections are made ...

Q: Statistics Question

A: Hypotheses:Denote μ1, μ2 as the true average number of days spent in the hospital for childbirth, by...

Q: Find the z-scores that separate the middle 48%of the distribution from the area in the tails of th...

A: Computation of probability of the area above and below the 48% of the distribution from the area:Fro...

Q: The graph shows information on four different variables for the countries of the world: The percent...

A: Quantitative variables are those variables that take numerical values to indicate measurement such a...

Q: Use the given minimum and maximum data entries, and the number of classes, to find the class widt...

A: Solution:The width of each class is obtained below:From the given information, minimum is16, maximum...

Q: You recorded the time in seconds it took for 8 participants to solve a puzzle. The times were: 15.2,...

A: Given data,

Q: Diastolic blood pressure is a measure of the pressure when arteries rest between heartbeats. Suppose...

A: From the given information,Let x be random variable that follows normal distribution with mean of 69...

Q: A doctor measured serum HDL levels in her patients, and found that they were normally distributed wi...

A: Given serum HDL levels in patients are normally distributedmean = 62standard deviation = 3.6The Z sc...

Q: exlpain please The uniform distribution U(a, b) ; calculation of probabilities, calculation of its m...

A: We will exaplain all things about uniform distribution.