(b) Consider the lottery L = (0, –10; 1/2,1/2), which yields $0 with probability 1/2 and $ – 10 with probability 1/2. What is the risk premium that Oscar associates with this lottery? How much is he willing to pay for this lottery?

Q: tan y

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A: Given,

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A: we can solve the given questions .

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A: NOTE: Refresh your page if you can't see any equations. . here we have

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A:

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A:

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A:

Q: 3.

A: this is convex polygon

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Q: + 4 Y

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A:

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A: Given,

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A:

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A:

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A:

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A: Consider the given information: Let (x1,y1)=(-13,-3.5),   (x2,y2)=(17,2)

Q: (4, -2), (-1, 4)

A:

Q: Solve the following:

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Rate of Change

The relation between two quantities which displays how much greater one quantity is than another is called ratio.

Slope

The change in the vertical distances is known as the rise and the change in the horizontal distances is known as the run. So, the rise divided by run is nothing but a slope value. It is calculated with simple algebraic equations as: