Questions
A binomial probability experiment is conducted with the given parameters. Use technology to find the probability...

A binomial probability experiment is conducted with the given parameters. Use technology to find the probability of x successes in the n independent trials of the experiment. Use the Tech Help button for further assistance. n=9, p=0.2, x < 4

In: Statistics and Probability

Convert the following equivalents to masses/volumes (g or mL): 1. 1.5 equivalents of KOH 2. 1.4...

Convert the following equivalents to masses/volumes (g or mL):
1. 1.5 equivalents of KOH
2. 1.4 equivalents of RCO3H
3. 1.2 equivalents of NaOH
4. 0.2 equivalents of NaOH
5. 3.5 equivalents of ethyl bromide

In: Chemistry

Find the missing value required to create a probability distribution, then find the standard deviation for...

Find the missing value required to create a probability distribution, then find the standard deviation for the given probability distribution. Round to the nearest hundredth.

x / P(x)
////////
0 / 0.2
1 / 
2 / 0.13
3 / 0.03
4 / 0.05

In: Statistics and Probability

Distinguishing Deductive and Inductive Reasoning Some of the following passages are best viewed as attempted deductive...

Distinguishing Deductive and Inductive Reasoning

Some of the following passages are best viewed as attempted deductive arguments, and others are best viewed as offering inductive support. For each, first identify the conclusion of the argument. Next, indicate whether the argument is best understood as deductive or inductive, and explain reasons for your choice.


Kawolski will not play for the Tigers this year, and if you won’t play for the Tigers, he will take a pay cut. Therefore, he will be taking a pay cut.

Manny is older than Rosie, and Rosie is older than Trisha. Therefore, Manny is older than Trisha.

Brenda is going to the office with Desi, so she will not be going to the office by herself.

Every restaurant the Montreaux family has opened in the last six years has made a profit, and they have a new one opening in a few weeks. I am sure this new restaurant will be profitable too.

If you are regularly late to work, you’re more likely to be written up, and the more likely you are to be written up, the more likely you are to be laid off first. So if you are regularly late to work, you are more likely to be laid off first.

Most people who seek a career in the theater are extroverts. Tom is seeking a career in the theater, so he is probably an extrovert.

After the meeting, only two of the nine board members said that they would vote yes on Measure R next week. Since a yes vote from a majority of members is needed, I think it is safe to say the measure will not pass.

Since there are more members of the U.S. House of Representatives than there are days in the year, some members must have birthdays on the same date.

Some cats are mouse haters, and no mouse hater is afraid of the dark, so some cats are not afraid of the dark.

All club members are eligible to vote, since all club members are residents and all residents are eligible to vote.

In: Psychology

McHuffter Condominiums, Inc., of Pensacola, Florida, recently purchased land near the Gulf of Mexico and is...

McHuffter Condominiums, Inc., of Pensacola, Florida, recently purchased land near the Gulf of Mexico and is attempting to determine the size of the condominium development it should build. Three sizes of develop-ment are being considered; Small, d1; Medium, d2; and large, d3. At the same time, an uncertain economy makes it difficult to ascertain the demand for the new condominiums. McHuffter's management realizes that a large development followed by a low demand could be very costly to the company. However, if McHuffter makes a conservative small-development decision and then finds a high demand, the firm's profits will be lower than they might have been. With the three levels of demand-low, medium and high. McHuffter's management has prepared the following profit ($000). (20 pts.) payoff table ------------------------------------------- Demand Decision ---------------------------- Alternatives Low Medium High ------------------------------------------- Small, d1 400 400 400 Medium, d2 100 600 600 Large, d3 -300 300 900 -------------------------------------------- a) If nothing is known about the demand probabilities, what are the recommended decision using the Maximax(optimistic), Maximin (pessi- mistic), and Minimax regret approaches? b) If P(low) = 0.20, P(medium) = 0.35, and P(high) = 0.45, What is the recommended decision using the expected value approach? c) What is the expected value of perfect information (EVPI)? You have to use regret table to get EVPI. Suppose that before making a final decision, McHuffter is considering conducting a survey to help evaluate the demand for the new condominium development. The survey report is anticipated to indicate one of two levels of demand: weak(W) or strong(S). The relevant probabilities are as follows: (25 pts) P(W)= 0.3 P(low/W) = 0.50 P(low/S) = 0.10 P(S)= 0.7 P(medium/W)= 0.40 P(medium/S)= 0.25 P(high/W) = 0.10 P(high/S) = 0.65 BDSC 340.001-3 d) Construct a decision tree for this problem and analyze it. e) What is McHuffter’s optimal decision? f) What is the expected value of the survey(sample) information? McHuffter Condominiums, Inc., of Pensacola, Florida, recently purchased land near the Gulf of Mexico and is attempting to determine the size of the condominium development it should build. Three sizes of develop-ment are being considered; Small, d1; Medium, d2; and large, d3. At the same time, an uncertain economy makes it difficult to ascertain the demand for the new condominiums. McHuffter's management realizes that a large development followed by a low demand could be very costly to the company. However, if McHuffter makes a conservative small-development decision and then finds a high demand, the firm's profits will be lower than they might have been. With the three levels of demand-low, medium and high. McHuffter's management has prepared the following profit ($000). (20 pts.) payoff table ------------------------------------------- Demand Decision ---------------------------- Alternatives Low Medium High ------------------------------------------- Small, d1 400 400 400 Medium, d2 100 600 600 Large, d3 -300 300 900 -------------------------------------------- a) If nothing is known about the demand probabilities, what are the recommended decision using the Maximax(optimistic), Maximin (pessi- mistic), and Minimax regret approaches? b) If P(low) = 0.20, P(medium) = 0.35, and P(high) = 0.45, What is the recommended decision using the expected value approach? c) What is the expected value of perfect information (EVPI)? You have to use regret table to get EVPI. Suppose that before making a final decision, McHuffter is considering conducting a survey to help evaluate the demand for the new condominium development. The survey report is anticipated to indicate one of two levels of demand: weak(W) or strong(S). The relevant probabilities are as follows: (25 pts) P(W)= 0.3 P(low/W) = 0.50 P(low/S) = 0.10 P(S)= 0.7 P(medium/W)= 0.40 P(medium/S)= 0.25 P(high/W) = 0.10 P(high/S) = 0.65 BDSC 340.001-3 d) Construct a decision tree for this problem and analyze it. e) What is McHuffter’s optimal decision? f) What is the expected value of the survey(sample) information?

In: Operations Management

Answer the following unrelated short-answer questions. a. An economist makes the following argument – “The economy...

Answer the following unrelated short-answer questions.

a. An economist makes the following argument – “The economy basically self-corrects out of recessions. When the economy is in recession, unemployment creates an excess supply of labor, which causes wages to fall. As a result, employers increase their hiring and the economy recovers automatically.” How would a Keynesian respond to this claim?

b. Consider an economy where the reserve ratio is ? = 0.2 and the currency ratio is ? = 0.2. What Fed bond purchase is required in order to raise the money supply by $600 billion?

c. In 2019, government purchases of goods and services at all levels of government were $3.75 trillion (about 17% of GDP). Yet, the federal government alone had expenditures of $4.8 trillion. How can you explain this apparent inconsistency?

In: Economics

Consider the two assets A and B for which returns (%) under different conditions of economy...

Consider the two assets A and B for which returns (%) under different conditions of economy are given as below.

Returns (%)

State of the Economy

Probability

Stock A

Stock B

Recession

0.1

-16

-12

Above Average

0.2

-3

4

Average

0.4

14

10

Below Average

0.2

28

15

Boom

0.1

35

20

  1. Find the expected return of each asset
  2. Find the risk (as measured by standard deviation of return) of each asset
  3. If an investor decides to invest $8,000 in stock A and $12,000 in stock B, calculate the expected returns of the investor’s portfolio of stocks A and B.
  4. Using the information, calculate the portfolio’s standard deviation if the correlation of the returns between stocks A and B returns is -0.25.

Please show work and how you get the numbers

In: Finance

Hi, I would like to know which method should we use when doing physics calculations? Acceleration...

Hi, I would like to know which method should we use when doing physics calculations?

Acceleration = Speed / Time

Let's say we are given 5 measurements of speed and time. S1, S2, S3, S4, S5 and T1,T2,T3,T4,T5.

We are given two methods.

1) Find the mean of speed and time, and find their respective standard deviation and standard error. E.g. speed = 0.5 +- 0.2 m/s and 3 +- 0.2 s, substituting into the acceleration formula and doing the respective uncertainties combinations/

or 2) Find the acceleration of each set e.g. (S1, T1), (S2,T2).... After which we find the mean acceleration from the 5 newly calculated results, standard deviation and standard error?

In: Physics

A stock is expected to pay a dividend of $10 in one year. Its future annual...

A stock is expected to pay a dividend of $10 in one year. Its future annual dividends are expected to grow by 20% pa. The next dividend of $10 will be in one year, and the year after that the dividend will be $12 (=10*(1+0.2)^1), and a year later $14.4 (=10*(1+0.2)^2) and so on forever.

Its required total return is 50% pa. The total required return and growth rate of dividends are given as effective annual rates.

Calculate the payback period of buying the stock and holding onto it forever, assuming that the dividends are received as at each time, not smoothly over each year. Note that you will have to find the price of the stock first.

Select one:

a. 1 year.

b. 2 years.

c. 3 years.

d. 4 years.

e. 5 years.

In: Finance

Please answer and exaplain ALL 4 parts! Thank you! A 3.00 mL aliquot of 0.001 M...

Please answer and exaplain ALL 4 parts! Thank you!

A 3.00 mL aliquot of 0.001 M NaSCN is diluted to 25.0 mL with 0.2 M Fe(NO3)3 and 0.1 M HNO3.

1. How many moles of SCN- are present?

2. If all of the SCN- is complexed with Fe3+ to form FeNCS2+, what is the molar concentration of FeNCS2+?

3. For preparing a set of standard solutions of FeNCS2+, the equilibrium molar concentration of FeNCS2+ is assumed to equal the initial molar concentration of the SCN- in the reaction mixture. Why is this assumption valid?

4. The blank solution used to calibrate a spectrophotometer is 10.0 mL of 0.2 M Fe(NO3)3 diluted to 25.0 mL with 0.1 M HNO3. Why is this solution preferred to simply using de-ionized water for the calibration?

In: Chemistry