subject
Mathematics, 09.08.2019 03:30 only1kariyah

After graduating, sallie handshake’s best job offer will either be with a big-8 accounting firm for $160,000 a year or as a state farm agent in grand rapids, michigan, for $40,000 a year. she can increase the probability of the former outcome by studying more, but such studying has its costs. if s represents her amount of studying (where s = 0 is no study and s = 1 is all-out effort), her probability of getting the job with a big-8 firm just equals s. her utility depends on how hard she studies and her subsequent annual income y. she tries to maximize the expected value of the von neuman-morgenstern utility function u(s, y) = y1/2 − 400s2. if she chooses s to maximize her expected utility, how much will she study?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Which statements regarding the diagram are true? check all that apply.
Answers: 1
question
Mathematics, 21.06.2019 19:30
What are the exclude value of mn+3m
Answers: 1
question
Mathematics, 21.06.2019 22:00
Thanh and her crew are building a stage in the shape of a trapezoid for an upcoming festival. the lengths of the parallel sides of the trapezoid are 14 ft and 24 ft. the height of the trapezoid is 12 ft.what is the area of the stage? enter your answer in the box. ft²
Answers: 2
question
Mathematics, 21.06.2019 22:30
The given diagram shows the parts of a right triangle with an altitude to the hypotenuse. using the two given  measures, find the other four.
Answers: 1
You know the right answer?
After graduating, sallie handshake’s best job offer will either be with a big-8 accounting firm for...
Questions
question
Biology, 06.03.2020 19:01
question
Mathematics, 06.03.2020 19:01
question
Mathematics, 06.03.2020 19:01
Questions on the website: 13722367