17 A university is made up of five colleges: Arts and Sciences, Engineering, Business, Education, and Visual and Performing Arts. There are 219 scooter rental stations to be apportioned among the five colleges based on theirenrollment shown below. Use Webster's method to apportion the trains. The standard divisor is 50.09.Visual andBusiness Engineering Education PerformingArts5489Arts andSciencesSchoolEnrollment1100136115091510Arts andSchoolSciencesNumber of apportioned scooterrental stations(Type an integer.)

Answered: Image /qna-images/answer/72a496d2-c932-40f4-ad00-7077ae3a4295.jpg

Answered: A university is made up of five…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Louisiana is busy designing new lottery scratch-off games. In the latest game, Bayou Boondoggle, the player is instructed to scratch off one spot: A, B, or C. A can reveal "Loser," "Win $2," or "Win $15." B can reveal "Loser" or "Take a Second Chance." C can reveal "Loser" or "Win $500." On the second chance, the player is instructed to scratch off D or E. D can reveal "Loser" or "Win $2." E can reveal "Loser" or "Win $15." The probabilities at A are 0.70, 0.19, and 0.11. The probabilities at B are 0.75 and 0.25. The probabilities at C are 0.995 and 0.005. The probabilities at D are 0.6 and 0.4. Finally, the probabilities at E are 0.94 and 0.06. Draw the decision tree that represents this scenario. Use proper symbols and label all branches clearly. Calculate the expected value of this game. Choose the correct decision tree below. OA. O C. B Loser (0.995) Win $2 (0.00) Win $500 (0.005) Loser (0.75) 2 Second Chance (0.25) 0 Loser (0.6) 0 Win $2 E Loser (0.70) 0 0.4) 2 Loser (0.94) Win $2…

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