EXCURSIONS IN MOD.MATH W/ACCESS >BI<
9th Edition
ISBN: 9781323788721
Author: Tannenbaum
Publisher: PEARSON C
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Chapter 12, Problem 47E
To determine
a)
To find:
The formula for the total area of all triangles at step N.
To determine
b)
To find:
The area of the Sierpinski gasket.
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T={(−7,1),(1,−1),(6,−8),(2,8)}
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Starting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree.
a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful.
The risk tolerance must reach $ 160,000,000 before the risk averse company acts the same as the EMV-maximizing company.
b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ 59,200.
Chapter 12 Solutions
EXCURSIONS IN MOD.MATH W/ACCESS >BI<
Ch. 12 - Consider the construction of a Koch snowflake...Ch. 12 - Consider the construction of a Koch snowflake...Ch. 12 - Prob. 3ECh. 12 - Prob. 4ECh. 12 - Prob. 5ECh. 12 - Prob. 6ECh. 12 - Prob. 7ECh. 12 - Prob. 8ECh. 12 - Prob. 9ECh. 12 - Exercises 9 through 12 refer to a variation of the...
Ch. 12 - Exercises 9 through 12 refer to a variation of the...Ch. 12 - Exercises 9 through 12 refer to a variation of the...Ch. 12 - Prob. 13ECh. 12 - Prob. 14ECh. 12 - Exercises 13 through 16 refer to the construction...Ch. 12 - Prob. 16ECh. 12 - Prob. 17ECh. 12 - Prob. 18ECh. 12 - Prob. 19ECh. 12 - Prob. 20ECh. 12 - Prob. 21ECh. 12 - Assume that the seed triangle of the Sierpinski...Ch. 12 - Prob. 23ECh. 12 - Prob. 24ECh. 12 - Prob. 25ECh. 12 - Prob. 26ECh. 12 - Prob. 27ECh. 12 - Prob. 28ECh. 12 - Prob. 29ECh. 12 - Prob. 30ECh. 12 - Prob. 31ECh. 12 - Exercises 31 through 34 refer to a variation of...Ch. 12 - Prob. 33ECh. 12 - Prob. 34ECh. 12 - Prob. 35ECh. 12 - Prob. 36ECh. 12 - Prob. 37ECh. 12 - Prob. 38ECh. 12 - Exercises 35 through 40 are a review of complex...Ch. 12 - Prob. 40ECh. 12 - Prob. 41ECh. 12 - Prob. 42ECh. 12 - Prob. 43ECh. 12 - Prob. 44ECh. 12 - Prob. 45ECh. 12 - Prob. 46ECh. 12 - Prob. 47ECh. 12 - Prob. 48ECh. 12 - Prob. 49ECh. 12 - Exercises 49 and 50 refer to the Menger sponge, a...Ch. 12 - Prob. 51ECh. 12 - Prob. 52ECh. 12 - Consider the Mandelbrot sequence with seed s=1.25....Ch. 12 - Consider the Mandelbrot sequence with seed s=2. Is...Ch. 12 - Prob. 55ECh. 12 - Prob. 56ECh. 12 - Prob. 57ECh. 12 - Prob. 58ECh. 12 - Prob. 59ECh. 12 - Prob. 60E
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