LINK ANALYSIS 3 4 Figure 5: Graph with four vertices Referring to Figure 5, answer the followings. 1. Analyze the figure and write down the column stochastic matrix for the graph.
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- A salon owner estimates the number of clients she is expecting during the festive season to be 20% during Monday to Wednesday, 20% on Thursday and 60% over the weekend. She therefore hires additional staff to assist during the weekend to meet the client demand. She however only observes 30% during Monday to Wednesday, 20% on Thursday and 50% over the weekend in the first week of December. The salon owner is uncertain whether she should reduce the planned staff for the December festive period due the observed trend or not. She conducts a statistical test at α = 0.05 to determine if the observed trend fits the expected trend. Which of the following statements is true? A. The conclusion of the test is that she should not keep the additional staff for the weekend. B. The df for this test is 3. C. The p-value is greater than α. D. The null hypothesis is that the observed trend is different to the expected trend. E. The test statistic is χ2 = 5.33.(Devore: Section 3.2 #15) Many manufacturers have quality control programs that include inspec- tion of incoming materials for defects. Suppose a computer manufacturer receives circuit boards in batches of five. Two boards are selected from each batch of inspection. We can represent possible outcomes of the selection process by pairs. For example, the pair (1,2) represents the selection of boards 1 and 2 for inspection. (a) List the ten different possible outcomes. (b) Suppose that boards 1 and 2 are the only defective boards in a batch. Two boards are to be chosen at random. Define X to be the number of defective boards observed among those inspected. Find the probability distribution (pmf) of X. (c) Let F denote the cdf of X. Determine F(0), F(1) and F(2); then obtain F(x) for all other x.The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For each reservation accepted, there is a 5% chance that the guest will not arrive. If the hotel overbooks, it costs $200 to compensate guests whose reservations cannot be honored. How many reservations should the hotel accept if it wants to maximize the average daily profit?
- Please don't provide handwritten solution ....Write the payoff matrix for the given game, use Rachel as the row player. Two players, Rachel and Charlie, each have two cards. Rachel has one black card with the number 3 and one red card with the number 5. Charlie has a black card with a 6 written on it and a red card with a 1. They each select one of their cards and simultaneously show the cards. If the cards are the same color, Rachel gets, in dollars, the sum of the two numbers shown. If the cards are different colors, Charlie gets, in dollars, the difference of the two numbers shown.Either a mixed column or mixed row strategy is given. Use the given payoff matrix and find the optimal pure strategy (or strategies) the other player should use. Express the answer as a row or column matrix. Also determine the resulting expected payoff.
- ↑ The 1990 census reported that 32% of the households in Middletown were homeowners and the remainder were renters. During the next decade, 10% of the homeowners became rent and the rest continued to be homeowners. Similarly, 14% of the renters became homeowners and the rest continued to rent (A) Fill in the appropriate transition matrix for this process. Homeowners Homeowners Renters Renters AR NEthe link to the data is given below. please help asap i will upvote!! https://drive.google.com/file/d/1ervh7Ki2Nd-Ly1SjtXyCm82i40M6sE5z/view?usp=sharingN=con&external_browser=0&launchUrl=https%253A%252F%252Fperustatecollege.blackboard.com%252Fwebapps apters 21-22) Saved Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Francisco demonstrate a college degree is worth $800,000 in lifetime earnings compared to the average high school education. Assume graduates in 2017 earn $36,882, $35,854, $43,692, $40,776, $70,869 and $47,468. What is the standard deviation for this sample? (Round your intermediate calculations and final answer to the nearest whole number.) Standard deviation ( Prev 6 of 10 Next > 田
- Explain, in your own words: What is the purpose of a control matrix?You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the accompanying table. \table[[Project, Boom (50% ), Recession (50%)], [A, $20, -$10 You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the accompanying table. Project A Boom (50%) $ 20 -$10 Recession (50%) -$ 10 $ 20 B C $30 -$30 D $ 50 -$ 50 If a manager adopted both projects A and B simultaneously, the expected value of this joint project would be Multiple Choice 10.
