Jay and Charles, two equally talented athletes, expect to compete in the upcoming Swimming match in the 200-meter freestyle. Each of them is trying to decide how many hours to train each week for the first race. We will use the Tullock model to describe their behavior. For each athlete, winning is worth 120 hours per week, so we measure the prize as 120 hours. The cost of an hour of effort is, of course, an hour. Suppose that Jay plans to train 10 hours per week, and Charles plans to train 20 hours per week. Question 1 What is the probability that Jay wins the race? O 1/4 O 1/3 1/2 O 2/3
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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