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A: observes one head.
B: observes two heads.
Find P(A) and P(B).
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- QUESTION 10 YouTube generates revenue by showing ads to consumers who watch videos on its website. Suppose that, for each person watching a video, YouTube receives one dollar in ad revenues (P=1). Arthur is a professional video-game player. He plays the video-game "Fortnite" and uploads his video to YouTube. The number of people who will watch his video depends on Arthur's effort producing the video and increasing its quality. The number Q of viewers as a function of Arthur's effort "e" is given by the function Q= Be. Arthur's offort cost is 202. His utility equals his income minus ys effort cost. To give incentives to Arthur to create better videos and attract more viewers, YouTube decides to pay Arthur a bonus b for each person watching his video. YouTube also has an operational cost 30 Operational cost - 32 which is the cost of maintaining its internet servers and administrative staff. YouTube's profit equals the ad revenue minus the payment to Arthur and the operational cost. Find…The goal of the consumer is to maximize the total utility or satisfaction derived from their purchase choices, given the unique budget constraint. To calculate total utility of a given combination of T- shirts and movies, one would use the following approach: Group of answer choices Use utils as a measure of utility, assigning a specific number to T-shirts and movies, and then add those together. For a given combination of T-shirts and movies, survey a group of individuals to determine an average for utils to be assigned to the number of T-shirts and movies. For a given combination of T-shirts and movies, assign a number of utils to that combination. For a given combination of T-shirts and movies, use Google to identify the number of utils associated with the number of T-shirts and movies and then sum them.An experiment can result in any of the outcomes 1, 2, or 3.(a) If there are two different wagers, withr1(1) = 1, r1(2) = 8, r1(3) = −10r2(1) = 2, r2(2) = 12, r2(3) = −16.Is an arbitrage possible? Do not just answer a yes or no. Show your working.
- A researcher wants to study about the behaviours of postgraduate students in Australia in mobile phone usage. One of the goals of the study is to analyse whether there is a relationship between the amount of time they spend using the mobile phone and their gender. What are the two variables involved to achieve that goal?Don't give poor answerDraw and represent the required table
- QUESTION 2 You work for a big retail chain that operates in a large number of regional markets and you want to investigate the effect of increased marketing spending on sales. You randomly select half of the markets and increase the marketing budget in these markets by 10%. The rest of the markets are allocated the same marketing budget as before. Then comparing the average sales in the markets with increased marketing budget and average sales in the remaining markets will give an unbiased estimate of the true causal effect of increased marketing spending on sales. True O FalseNote: chat gpt answers will be given down vote.A U.S. emergency relief agency is considering sending a team of experts to another country to treat a severely contagious disease outbreak. Each team costs $100,000 for this one-week-long job. The agency estimates effectiveness as follows: 0 teams = 1000 deaths;1 team = 500 deaths;2 teams = 250 deaths,3 teams = 50 deaths;4 teams = 50 deaths Number of Teams Number of Deaths 0 1,000 1 500 2 250 3 50 4 50 If the Agency is considering sending 3 teams vs. 2 teams, what is the marginal cost (in dollar terms) of sending the third team? If saving a life is valued at $200,000 then the optimal number of teams to send is _____.