Suppose that two investors A and B have exhibited the indifference probabilities as shown in table below. Indifference probability Investor A Investor B Net return (RM) -2000 0 0 - 1000 0.70 0.10 0 0.80 0.20 1000 0.85 0.30 2000 0.90 0.50 3000 0.95 0.60 4000 1.00 1.00 a) Determine the utility value (for each monetary value) for each investor and fill it in table above. b) Graph the utility functions for both investors and categorize each investor as either a risk- averse person or a risk seeker. c) Suppose that investor A has the chance to invest in one of two ventures. Venture I can produce a net return of RM3000 with probability 0.40 or a net loss of RM1000 with probability 0.60. Venture II can produce a net return of RM2000 with probability 0.60 and no return with probability 0.40. Based on utility function in (b), use the expected utility criterion to determine the venture investor A should select. What is the expected monetary value associated with the selected venture?

Answer:

value for X

3x-4 =41

3x =41+4

3x =45

x =15

Answer:

[tex](a)\ Pr = \frac{2}{5}[/tex]

[tex](b)\ Pr = \frac{9}{20}[/tex]

[tex](c)\ E(Orange) = 100[/tex]

[tex](d)\ E(Orange) = 62.5[/tex]

Step-by-step explanation:

Solving (a): Theoretical probability of green or yellow

Here, we consider the spinner itself

From the attached image, we have:

[tex]n= 5[/tex] --- i.e. 5 sections

[tex]Yellow = 1[/tex]

[tex]Green = 1[/tex]

So, the probability is:

[tex]Pr = P(Yellow)\ or\ P(Green)[/tex]

[tex]Pr = \frac{Yellow}{n} + \frac{Green}{n}[/tex]

[tex]Pr = \frac{1}{5} + \frac{1}{5}[/tex]

Take LCM

[tex]Pr = \frac{1+1}{5}[/tex]

[tex]Pr = \frac{2}{5}[/tex]

Solving (b): Experimental probability of green or yellow

Here, we consider the result of the experiment

From the attached image, we have:

[tex]n= 40[/tex] --- i.e. 40 spins

[tex]Yellow = 12[/tex]

[tex]Green = 6[/tex]

So, the probability is:

[tex]Pr = P(Yellow)\ or\ P(Green)[/tex]

[tex]Pr = \frac{Yellow}{n} + \frac{Green}{n}[/tex]

[tex]Pr = \frac{12}{40} + \frac{6}{40}[/tex]

Take LCM

[tex]Pr = \frac{12+6}{40}[/tex]

[tex]Pr = \frac{18}{40}[/tex]

Simplify

[tex]Pr = \frac{9}{20}[/tex]

Solving (c): Expectation of orange outcomes in a spin of 500 times, theoretically.

Here, we consider the spinner itself

From the attached image, we have:

[tex]n= 5[/tex] --- i.e. 5 sections

[tex]Orange = 1[/tex]

So, the probability of having an outcome of orange in 1 spin is:

[tex]Pr = P(Orange)[/tex]

[tex]Pr = \frac{Orange}{n}[/tex]

[tex]Pr = \frac{1}{5}[/tex]

In 500 spins, the expectation is:

[tex]E(Orange) = Pr * 500[/tex]

[tex]E(Orange) = \frac{1}{5} * 500[/tex]

[tex]E(Orange) = 100[/tex]

Solving (c): Expectation of orange outcomes in a spin of 500 times, base on experiments.

Here, we consider the spinner itself

From the attached image, we have:

[tex]n= 40[/tex] --- i.e. 40 spins

[tex]Orange = 5[/tex]

So, the probability of having an outcome of orange is:

[tex]Pr = P(Orange)[/tex]

[tex]Pr = \frac{Orange}{n}[/tex]

[tex]Pr = \frac{5}{40}[/tex]

[tex]Pr = \frac{1}{8}[/tex]

In 500 spins, the expectation is:

[tex]E(Orange) = Pr * 500[/tex]

[tex]E(Orange) = \frac{1}{8} * 500[/tex]

[tex]E(Orange) = 62.5[/tex]

Answer:

≈ 0.52

Step-by-step explanation:

P( head ) = 2/3 , P( tail ) = 1/3

when a head is tossed ; Gambler A wins $1

when a tail is tossed : Gambler B wins $1

Determine the P( Gambler A wins the game ) if he starts with I dollars

Assuming I = $1

n = 5

p ( head ) = P( winning ) = 0.66

p( losing ) = 0.33

applying the conditional probability in Markov which is ;

Pₓ = pPₓ₊₁ + (1 - p) Pₓ₋₁

P( 1) = 0.66P₂ + 0.33P₀

resolving the above using with Markov probability

P( 1 ) = 0.51613

hence the probability of Gambler A winning the game if he starts with $1

≈ 0.52

Answer:

Step-by-step explanation:

First,

7 times 8 = 7 × 8 = 56

Then,

The product divided by 2 = 56 ÷ 2 = 28

Hence,

The required answer is 28

Answer:

2, 3, 4 (up to down)

Step-by-step explanation:

Rational: can be terminating, repeating, in a fraction

Irrational: Not terminating (ending), doesn't repeat (o.33333....), and you can't put it in a fraction

Hope this helps!!

p.s. brainliest plz

Answer:

a) 4^6

b) 5^5

c)3^9

d)2^-2

Step-by-step explanation:

When raising a number to a power and then to another power, you can multiply the exponents.

When multiplying numbers with the same base to different exponents, you can add the exponents.

Answer:

I think it's 18

Step-by-step explanation:

because I'm looking at 12/8 to be a ratio, that means that the size of the bigger figure had decreased by 12/8 or 1.5

then I divided the 27 by 1.5 to get the area of the small one which was 18.

Answer:

I DONT SEE TRIANGLES

Step-by-step explanation:

Answer:

A

Step-by-step explanation:

This can be rearranged as 4^3 * 1/(4^6)

or (4^3)/(4^6)

This can be changed to:

(4^3)/((4^3)*(4^3)

Which is equal to 1/(4^3)

or

4^(-3)

Answer:

B

Step-by-step explanation:

i know this already from another

Answer: D is correct

Step-by-step explanation:

Answer:

C.   x > 0 and x ≤ 3

Step-by-step explanation:

0 < x ≤ 3

when  0 < x then x > 0

Example: 0 < 2 then 2> 0

Therefor

x > 0 and x ≤ 3

Answer:

Here is the picture

Step-by-step explanation:

The number lies between x-values 4 and 6 and y-values 6 and 9.

Coordinates are a pair of integers (Cartesian coordinates), or occasionally a letter and a number, that identify a certain place on a grid, often referred to as a coordinate plane.

Given that scatter plot lies in quadrant 1 of a coordinate plane, and the 14 points are plotted in the first quadrant.

We need to find the range of x and y values for this scatter plot.

The x values of the 14 points are given as;

2, 4, 4,1, 5, 5, 5, 5, 6, 6, 7, 8, 9.5, 9.5

The y values of the 14 points are given as;

5, 6, 9, 7.2, 6, 6.8, 8, 9, 7, 8.5, 10, 10.5, 9.5, 11.4

We can conclude that that most of the points are clustered between x-values 4 and 6 and y-values 6 and 9.

Therefore, the points are clustered between the x-values 4 and 6 and y-values 6 and 9.

To learn more about the coordinates;

brainly.com/question/27749090

#SPJ7

The complete question is

Select the correct answer. Scatter plot in quadrant 1 of a coordinate plane. 14 points are plotted at (2, 5), (4, 6), (4, 9), (4.1, 7.2), (5, 6), (5, 6.8), (5, 8), (5, 9), (6, 7), (6, 8.5), (7, 10), (8, 10.5), (9.5, 9.5), and (9.5, 11.4). Between which x-values and y-values does the cluster in this scatter plot lie? A. It lies between x-values 2 and 4 and y-values 4 and 6. B. It lies between x-values 4 and 6 and y-values 9 and 10. C. It lies between x-values 4 and 6 and y-values 6 and 9. D. It lies between x-values 7 and 9 and y-values 10 and 11.

Answer:Center =(-5,-7)

Step-by-step explanation:

Answer:

13 minutes

Step-by-step explanation:

The reason why it is 13 minutes is because you subtract 10:41 AM from 10:28 AM and you get 13 minutes.

Answer:

13

Step-by-step explanation:

41-28= 13

the hours don't change so you just need to subtract the minutes

Answer: 64units³

Step-by-step explanation:

The volume of a cube will be gotten by multiplying the value of its side thrice. This means that for example if the cube has a side of xcm, the volume will be:

= x × x × x

= x³

In this case, since the cube has a side of 4 units, the volume will be:

Volume of cube = 4³

Volume of cube = 4 × 4 × 4 = 64unit³

Answer:

you want to muliply the length and width to find area.

Step-by-step explanation:

Answer:

He can lift 160 pounds

Step-by-step explanation:

125 (from last year) + 35 (more pounds) = 160 (total pounds)

125 + 35 = 160

Answer:

its not loading

Step-by-step explanation:

Answer:

B. All real numbers

Step-by-step explanation:

I calculated it logically

Answer:

I believe it is all real numbers

Given:

The given sum is:

[tex]\sum _{k=4}^9(5k+3)[/tex]

To find:

The expanded form and find the sum.

Solution:

We have,

[tex]\sum _{k=4}^9(5k+3)[/tex]

The expanded form of given sum is:

[tex]\sum _{k=4}^9(5k+3)=(5(4)+3)+(5(5)+3)+(5(6)+3)+(5(7)+3)+(5(8)+3)+(5(9)+3)[/tex]

[tex]\sum _{k=4}^9(5k+3)=(20+3)+(25+3)+(30+3)+(35+3)+(4+3)+(45+3)[/tex]

[tex]\sum _{k=4}^9(5k+3)=23+28+33+38+43+48[/tex]

[tex]\sum _{k=4}^9(5k+3)=213[/tex]

Therefore, the correct option is C.

Answer:

Step-by-step explanation:

3h<-12

Answer:

3h [tex]\geq[/tex] -12

Step-by-step explanation:

"3 multiplied by a number h" = 3h // "Is at least" = [tex]\geq[/tex] // -12 = -12

Combine these and you get 3h [tex]\geq[/tex] -12

Answer:

98?

Step-by-step explanation:

Answer:

4 x 3.14 x 2 = 25.12 inches

Step-by-step explanation:

Formula of circumference:

3.14(pi) x 2(the number is just always there when finding circumference) x radius(half of your diameter or just your given radius).

Answer:

a. Center: (-15, 9), Radius: 5

Step-by-step explanation:

Equation of a circle:

The equation of a circle of center [tex](x_0, y_0)[/tex] and radius r is given by:

[tex](x - x_0)^2 + (y - y_0)^2 = r^2[/tex]

In this question, we have that:

[tex](x + 15)^2 + (y - 9)^2 = 25[/tex]

Comparing both equations:

[tex]x - x_0 = x + 15[/tex]

[tex]x_0 = -15[/tex]

And

[tex]y - y_0 = y - 9[/tex]

[tex]y_0 = 9[/tex]

The center is [tex](-15,9)[/tex].

For the radius:

[tex]r^2 = 25[/tex]

[tex]r = \sqrt{25} = 5[/tex]

The correct answer is given by option a.

Answer:

Step-by-step explanation:

1/48 + 5/6    

The LCD of 48 and 6 is 48 so we have:

1/48 + 40/48

= 41/38

Answer:

41/48

Step-by-step explanation:

Answer:

Step-by-step explanation:

Answer:

42+106=x

148=x

Step-by-step explanation: