(a) Player 1 owns a piece of land and values the land at $10,000. Player 2 is a sub-dividerwho can develop the land and increase its worth to $20,000. Player 3 is a sub-divider whocan develop the land and increases its worth to $30,000. There are no other prospectivebuyers.(1) Find the characteristic function for this game.(i) Find and interpret the core of the game.

Answered: Image /qna-images/answer/147db160-b548-44ce-95a8-b3b3309476b6.jpg

Answered: (a) Player 1 owns a piece of land and…

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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The time to complete a race is a latent or hidden variable for the ordinal variable for 1st, 2nd, and 3rd place. True False
Give correct answer with neat and clean explanation
Cheryl is considering purchasing additional sewing machines to accommodate the increasing demand for her cosplay costumes. Her alternatives are to buy 1 machine, 2 machines, or 3 machines. The profits realized under each alternative are a function of whether her proposal to bid for clothing the official Bandai team is accepted or not. The payoff table below illustrates the profits realized (in $000's) based on the different scenarios Cheryl faces. The probability that her proposal will be accepted is 65%. Alternative Proposal Accepted Proposal Rejected Purchase 1 sewing machine $10 $5 Purchase 2 sewing machines $30 $4 Purchase 3 sewing machines $40 $2 What alternative should Cherly select if she is pessimistic? What alternative should Cherly select based on a criterion of realism with ?α = 0.8?
Investment A woman has $1,400,000 to purchasethree investments. One investment earns 8%, asecond earns 7.5%, and the third earns 10%.a. What investment strategies will give annual earnings of $120,000 from these three investments?b. What one investment strategy will minimize herrisk and return $120,000 if the 10% investmenthas the most risk?
Sports agent operates a stadium. The ticket price for attending a match is 14 OMR, the average attendance at recent games has been 9500. A market survey indicates that for each rial the ticket price is decreased, the average attendance increased by 1000 attendee.(a) Find the revenue function in terms of ticket price.(b) Find the ticket price that maximizes the revenue.(c) What is the ticket price –that is so high- that nobody will attend the match?
Stock in Company A sells for $94 a share and has a 3-year average annual return of $24 a share. The beta value is 1.25. Stock in Company B sells for $83 a share and has a 3-year average annual return of $16 a share. The beta value is 1.12. Derek wants to spend no more than $16,000 investing in these two stocks, but he wants to earn at least $2700 in annual revenue. Derek also wants to minimize the risk. Determine the number of shares of each stock that Derek should buy. Derek should buy ? share(s) of stock in company A snd share(s) of stock in company B Please show corner points!
You take a 20-question multiple-choice exam.Each question has 4 possible answers (only one of which is correct). Youneed at least 60% to pass the course. (b) If you eliminate a choice that seems impossible to you by how much yourluck will increase? (c) Give the response distribution functioncorrect totals for the strategy in (c) and draw its graph. Give themedian number of your correct answers.
Matching options: 1. x1y1 + x2y2 + x1y3 + x2y4 + x1y2 + x2y1 + x1y4 + x2y3 2. x1y1 + x2y2 + x1y2 + x2y1 + x1y3 + x2y4 + x1y4 + x2y3 3. x1y1 + x2y1 + x1y2 + x2y2 + x1y3 + x2y3 + x1y4 + x2y4 4. y1x1 + y1x2 + y1x3 + y1x4 + y2x1 + y2x2 + y2x3 + y2x4 5. y1x1 + y2x1 + y1x2 + y2x2 + y1x3 + y2x3 + y1x4 + y2x4 6. x1y1 + x1y2 + x1y3 + x1y4 + x2y1 + x2y2 + x2y3 + x2y4
3. The point guard of a basketball team has to make a decision about whether or not to shoot a three- point attempt or pass the ball to another player who will shoot a two-point shot. The point guard makes three-point shots 30 percent of the time, while his teammate makes the two-point shot 48 percent of the time. X; 3 0 P(x;) 0.30 0.70 X; 2 0 P(x;) 0.48 0.52 a. What is the expected value for each choice? b. Should he pass the ball or take the shot himself? Explain.

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