Assignment 6 (chapters 17, 18) you’re the manager of global opportunities for a u. s. manufacturer, who is considering expanding sales into asia. your market research has identified the market potential in malaysia, philippines, and singapore as described next: success level malaysia philippines singapore probability units probability units probability units big 0.3 1,200,000 0.3 1,000,000 0.7 700,000 mediocre 0.3 600,000 0.5 320,000 0.2 400,000 failure 0.4 0 0.2 0 0.1 0 the product sells for $10 and has unit costs of $8. if you can enter only one market, and the cost of entering the market (regardless of which market you select) is $250,000, should you enter one of these markets? if so, which one? if you enter, what is your expected profit? 2. you hold an auction among three bidders. you estimate that each bidder has a value of either $16 or $20 for the item, and you attach probabilities to each value of 50%. what is the expected price? if two of the three bidders collude, what is the price?

1  2  3  4  5  6  7  8  9  10time remaining59: 30in  the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?

Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economía

Reliability and validity reliability and validity are two important considerations that must be made with any type of data collection. reliability refers to the ability to consistently produce a given result. in the context of psychological research, this would mean that any instruments or tools used to collect data do so in consistent, reproducible ways. unfortunately, being consistent in measurement does not necessarily mean that you have measured something correctly. to illustrate this concept, consider a kitchen scale that would be used to measure the weight of cereal that you eat in the morning. if the scale is not properly calibrated, it may consistently under- or overestimate the amount of cereal that’s being measured. while the scale is highly reliable in producing consistent results (e.g., the same amount of cereal poured onto the scale produces the same reading each time), those results are incorrect. this is where validity comes into play. validity refers to the extent to which a given instrument or tool accurately measures what it’s supposed to measure. while any valid measure is by necessity reliable, the reverse is not necessarily true. researchers strive to use instruments that are both highly reliable and valid.