Use the table below to determine which decision should be made based on an optimisticdecision maker.O d1Od3d2Od2 or d4Od1 or d4Decisiond1d2d3d4State of Natures2s110,00015,00020,00011,000-5,0009,000-5,000-4,000s315,00010,00010,00015,000

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Answered: Use the table below to determine which…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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QQQ3. Diamond PricesWeight 0.3 0.4 0.5 0.5 1.0 0.7Price 510 1151 1343 1410 5669 2277Find the best predicted price for this diamond with a weight of 1.50 carats. Is the result close tothe actual price of $16,097? What is wrong with predicting the price of a 1.50-carat diamond? Between the two variables.d) Find the regression equation,e) Letting the first variable be the predictor (x) variable, find the indicated predicted value.
The table below shows the relationship between the number of ice creams sold and the corresponding cost of the ice creams. Number of ice creams sold 5 7 9 13 20 Cost of the ice creams 27 60 72 150 225 Predict the cost of the ice creams if the number of ice creams sold is 32. A.$225.25 B.$350.00 C.$390.74 D.$198.50
A social psychologist wants to see if altruism is significantly related to a person’s general health. He gets altruism scores and a measure of general health from the participants’ medical providers. The data are listed below. Higher altruism scores mean greater altruism, while high health scores = good health. Complete the appropriate statistical test and hypothesis testing using the 4 step approac Participant altruism X health Y X squared Y squared (X)(Y) A 101 33 3333 B 93 40 3720 C 85 24 2040 D 111 46 5106 E 104 30 3120 F 89 28 2492 Total State your conclusion in APA format. Alpha level = .05.
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e A researcher with the Department of Education followed a cohort of students who graduated from high school in a certain year, monitoring the progress the students made toward completing a bachelor's degree. One aspect of his research vas to determine whether students who first attended community college took longer to attain a bachelor's degree than those who immediately attended and remained at a 4-year institution. The data in the table attached below summarize the esults of his study. Complete parts a) through e) below. E Click the icon to view the sample data. OA. The samples are independent. O B. The samples can be reasonably assumed to be random. OC. The population is given to be normally distributed. OD. The sample sizes are large (both greater than or equal to 30). O E. The sample sizes are not more than 5% of the population. :) Does the evidence suggest that community college transfer students take longer to attain a bachelor's degree? Use an a= 0.10 level of significance.…
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. Honesty Coffee stations in offices often just ask usersto leave money in a tray to pay for their coffee, butmany people cheat. Researchers at Newcastle Universityalternately taped two posters over the coffee station.During one week, it was a picture of flowers; during theother, it was a pair of staring eyes. They found that theaverage contribution was significantly higher when theeyes poster was up than when the flowers were there.Apparently, the mere feeling of being watched—even byeyes that were not real—was enough to encourage peopleto behave more honestly. [NY Times, Dec. 10, 2006]
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3. The point guard of a basketball team has to make a decision about whether or not to shoot a three- point attempt or pass the ball to another player who will shoot a two-point shot. The point guard makes three-point shots 30 percent of the time, while his teammate makes the two-point shot 48 percent of the time. X; 3 0 P(x;) 0.30 0.70 X; 2 0 P(x;) 0.48 0.52 a. What is the expected value for each choice? b. Should he pass the ball or take the shot himself? Explain.

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Use the table below to determine which decision should be made based on an optimistic decision maker. O d1 O d3 d2 Od2 or d4 Od1 or d4 Decision d1 d2 d3 d4 State of Nature s2 s1 10,000 15,000 20,000 11,000 -5,000 9,000 -5,000 -4,000 s3 15,000 10,000 10,000 15,000