subject
Business, 09.10.2019 01:30 jaimon8729

The nbs television network earns an average of $400,000 from a hit show and loses an average of $100,000 on a flop. of all shows reviewed by the network, 25% turn out to be hits and 75% turn out to be flops. for $40,000 a market research firm will have an audience view a pilot of a prospective show and give its view about whether the show will be a hit or a flop. if a show is actually going to be a hit, there is a 90% chance that the market research firm will predict the show to be a hit. if the show is actually going to be a flop, there is a 80% chance that the market research firm will predict the show to be a flop. determine how the network can maximize its expected profits. show all your work, including a completed decision tree. state the optimal policy and its emv. c

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:10
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
Answers: 1
question
Business, 22.06.2019 16:00
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
question
Business, 23.06.2019 02:00
Upper a fish farm raises salmon and trout.a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.
Answers: 2
question
Business, 23.06.2019 22:30
Samantha, who is divorced and has no children, lived with her roommate, sybil, for the entire year. sybil received $2,000 of unemployment compensation and she has no other income. samantha paid most of the cost of keeping up the apartment and most of sybil's support. which filing status can samantha use
Answers: 2
You know the right answer?
The nbs television network earns an average of $400,000 from a hit show and loses an average of $100...
Questions
question
English, 11.10.2021 17:00
question
History, 11.10.2021 17:00
question
Mathematics, 11.10.2021 17:00
question
English, 11.10.2021 17:00
question
English, 11.10.2021 17:00
Questions on the website: 13722360