Example 21.3 A group of volunteers of a service organisation raise money each year by selling giftarticles outside a stadium after a football match between teams A and B. They can buy any of the threedifferent articles from a dealer. Their sales are mostly dependent on the team that wins the match. Aconditional payoff table is as under:Payoff TableType of gift articlesIIIIITeam A winsRs 1,500Rs 1,000Rs 700Team B winsRs 700Rs 500Rs 900(i) Construct the opportunity loss table.(ii) Which type of gift article should the volunteers buy if the probability of team A's wining is 0.7?

Answered: Image /qna-images/answer/46fb84b5-17ac-42ab-9a69-517f7f310c04.jpg

Answered: Example 21.3 A group of volunteers of a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Chapter 8 Loans 75 Name • Yeser Ramirez-Mesia 7th block dent Loans Section 8.3 High-Interest Loans Patsy needs a $1,200 loan. She is considering either a title loan on her car or a pawnshop loan on her diamond bracelet. A. A local finance company offers a $1,200 loan on her car, which is worth $4,750. The fee is 23.0% of the loan amount for a 30-day term. How much will Patsy have to pay after 30 days? B. A pawnshop offers a $1,200 loan on her bracelet, which is worth $5,900. The term is 30 days, and the interest charge is 1.65% plus a 24% fee for storage and handling. How much will Patsy have to pay after 30 days? C. Why might Patsy prefer the title loan over the pawnshop loan? D. Why might Patsy prefer the pawnshop over the title loan?
3. Investments Nui invests $10,000, received from her grandmother, in three ways. With one part, she buys mutual funds that offer a return of 6.5% per year. She uses the second part, which amounts to twice the first, to buy government bonds at 6% per year. She puts the rest in the bank at 5% annual interest. The first year her investments bring a return of $605. How much did she invest in each way?
B1
A decislon maker's course of action results in a consequence or payoff. True or False True False
Questions a. - c. refer to the following data. You estimate a 3-factor return-generating process for 5 large portfolios with the following results. a. Which two portfolios are functional equivalents according to the Arbitrage Pricing Theory? b. What is the expected return on portfolio B? c. Suppose that the market is currently pricing portfolio E so that its expected return is 8% and pricing portfolio B so that its expected return is 10%. Describe the forces that will bring about equilibrium according to the APT.
38. A real estate development company, Omega, Inc., is considering the purchase of one of three "packages" put together by its director of marketing. Each package contains a different combination of land acreage by type of land, zoning, and geographic location. The value of the investment will depend on which of four population growth patterns occurs in the next few years. The payoff table is given below (in millions): Plan Demand Low Medium High 4,500,000 4,000,000 3,500,000 3,000,000 2,000,000 4,250,000 2 4,750,000 4,250.000 5,000,000 7,500,000 12,500,000 4 3,500,000 a. Determine the Bayes decision, given the following probability density: P( S: ) - 0.20, P( $2 )-0.25, P( $ )-0.45, and P( S. )-0.10. b. Compute the expected value of perfect information. c. Suppose the marketing director spends P5,000,000 on market study and obtains some information, which we denote by I. The conditional likelihood probabilities of I are as follows: P( 1/s, -0.10, P( 11s, )-0.30, P( 11s, -0.35, PI 11s,…
Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Stock A B C D Jan Mar Stock = = A - B с D Industry Oil Computer Steel Real Estate January Year 1 Quantity 100 150 75 50 Price per Share ($) March Year 1 Base 31.50 65.00 40.00 16.00 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Price Relative January Year 3 22.75 49.00 32.00 6.50 March Year 3 22.50 47.50 29.50 Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) I, 2.75
Please explain both part of the question! DO NOT USE EXCEL!
10. Suppose a will decreed that three siblings will each receive a cash inheritance according to the following: The eldest receives 3 times as much as the youngest, and twice as much as the middle sibling. Answer the following. a. If the youngest sibling receives x dollars, how much do the other two receive? b. If the middle sibling receives y dollars, how much do the other two receive? c. If the oldest sibling receives z dollars, how much do the other two receive?
1. A student is planning to spend her saving to get a new iPhone which costs $2500. The store gives a regular discount of 15% from the original price. However, if she buys the phone within that month, she is entitled an additional discount of 5% on top of the regular discount. (a) Find the selling price of the phone with regular discount. (b) Find the selling price with an additional discount, the student will pay if she buys the phone within that month.
4

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