Mathematics, 29.02.2020 04:59 johnlecona210
Lizabeth, the manager of the medical test firm Theranos, worries aboutthe firm being sued for botched results from blood tests. If it isn’t sued, thefirm expects to earn profit of $120, but if it is successfully sued, its profit will beonly $10. Elizabeth believes that the probability of a successful lawsuit is 20%.If fair insurance is available and Elizabeth is risk averse, how much insurancewill she buy? (Hint: Assume that Elizabeth starts with a wealth ofwand shebuys insurance coveringx≤(120−10) = 110 of her loss. Write down herexpected utility as a function ofxand then take a derivative with respect toxto find the optimal insurance. If you want more hints, have a look at the secondinsurance problem solved in the lecture notes.)
Answers: 3
Mathematics, 21.06.2019 20:00
The table shows the age and finish time of ten runners in a half marathon. identify the outlier in this data set. drag into the table the ordered pair of the outlier and a reason why that point is an outlier.
Answers: 1
Mathematics, 22.06.2019 00:00
Apassenger train and a freight train leave san jose at 3pm, traveling in the same direction. the passenger train is going three times as fast as the freight train. at 6pm they are 240 miles apart. how fast is each travelling? explain your answer and show your
Answers: 1
Mathematics, 22.06.2019 00:00
Technicians have installed a center pivot, circular irrigator for a farm that covers 25 acres. a.) how long is the irrigation boom (in feet) from the center pivot to its farthest extent? b.) if the irrigation boom makes 4 full revolutions in a day, how many miles does the end of the boom travel in 5 days?
Answers: 1
Mathematics, 22.06.2019 01:30
Kelli swam upstream for some distance in a hour.she then swam downstream the same river for the same distance in only 6 minutes.if the river flows at 5km/hr, how fast can kelli swim in still water?
Answers: 3
Lizabeth, the manager of the medical test firm Theranos, worries aboutthe firm being sued for botche...
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