In a hypothetical universe governed by complex probabilistic dynamics, consider a scenario where an intelligent species relies on a quantum-based decision-making system. If the probability distribution of their choices is characterized by non-linear entanglements, how would this impact the evolution of their societal structures and individual behavior? Explore the theoretical implications of such a probabilistic framework on the emergence of cooperation, competition, and the overall stability of their civilization.

The following equally likely outcomes have been estimated for the returns on Portfolio G and Portfolio H:                                                                                            Scenario          Portfolio G       Portfolio H                                                      1                      5.0%                9.0%                                                   2                      3.0%                -7.0%                                                  3                      9.0%                15.0%                                                 4                      9.0%                -4.0%               Which of the two portfolios is riskier? a. Portfolio H since it has the possibility of a negative return b. Portfolio G since it has the higher expected return c. Both portfolios are equally risky since the possible returns of each are equally likely to occur d. Portfolio H since its returns are more widely dispersed around the expected…

Suppose a distribution center is considering three options for expansion. The first one is to expand into a new plant, the second to add on third-shift to the daily schedule, and third, a small expansion to the existing facility. There are three possibilities for demand. These are high, medium, and low having probabilities of 40%, 33%, and 27% respectively. Suppose that the profits for the expansion plans are as follows: The new plant expected outcomes are $110,000, $50,000, -$15,000, the third shift consideration would result in outcomes of $40,000, $20,000, $-5,000 and the small expansion choice would in the following dollar amounts $15,000, $13,000, -$1,500. The amount that the company must invest in each alternative is: new plant = $48,000, third shift = $15,100, small expansion = $8,700 a. The profit/loss (EMV) for the new plant is $ [Select] b. The profit/loss (EMV) for adding a third shift is $ [Select] c. The profit/loss (EMV) for the small expansion is $ [Select] d. Which of…

Suppose you are a production manager for a small firm that manufactures designer phone cases. Your production facility utilizes three machines. Quality is binary — each phone case is either defective or it is not defective. Each hour, Machines 1, 2, and 3 produce 10, 10 and 20 phone cases, respectively. But because the machines differ slightly in their technology, data on past production has shown that they differ in terms of their rates of defective output — specifically, Machines 1, 2, and 3 have rates of defective production of 2%, 4%, and 5%, respectively. If one phone case is selected randomly from one hour’s total output, and that phone case is found to be defective, what is the probability that it was produced by Machine 1? Machine 2? Machine 3?