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Mathematics, 22.06.2019 00:20
One file clerk can file 10 folders per minute. a second file clerk can file 11 folders per minute. how many minutes would the two clerks together take to file 672 folders?
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Mathematics, 22.06.2019 01:00
Azul has 4 green picks and no orange picks.you add orange picks so that there are 2 orange picks for every 1 green pick.how many picks are there now.
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Mathematics, 22.06.2019 05:30
Suppose that triangle a shown on the grid is translated 3 units to the right and 2 units up to create a triangle a', what is the slope of the hypotenuse of triangle a'?
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Mathematics, 22.06.2019 06:40
Mobon oil company owns a lease that entitles it to explore for oil on a parcel of offshore land in california. since the lease is about to expire mobon must now decide whether to drill for oil at the site or to sell the lease to excel oil company, which has just offered mobon $50,000. mobon estimates it would cost $100,000 to drill at the site. if the well were dry, all this cost would be lost. if the well were successful, its value to mobon would depend on the extent of the oil discovered. for simplicity, mobon assumes there are only two types of successful wells: minor and major success. mobon estimates that a minor success would result in revenues of $200,000 in excess of the drilling cost, whereas a major success would result in revenue of $500,000 in excess of the drilling cost. mobon has assessed the following probabilities: if the well is dry then the probability is 0.7, if it is a minor success the probability is 0.2, and if it is a major success the probability is 0.1. a) construct an appropriate payoff matrix, b) using the maximax criterion, identify the optimal decision c) using the maximin criterion, identify the optimal decision d) using the minimax criterion, identify the optimal decision e) using the emv criterion, identify the optimal decision
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