A First Course in Differential Equations with Modeling Applications (MindTap Course List)
A First Course in Differential Equations with Modeling Applications (MindTap Course List)
11th Edition
ISBN: 9781337515573
Author: ZILL
Publisher: Cengage
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Chapter A, Problem 10E
To determine

The value of the expression Γ(92) using Gamma Function where Γ(12)=2π.

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Do not use the Residue Theorem. Thank you.
A television network earns an average of $14 million each season from a hit program and loses an average of $8 million each season on a program that turns out to be a flop. Of all programs picked up by this network in recent years, 25% turn out to be hits and 75% turn out to be flops. At a cost of C dollars, a market research firm will analyze a pilot episode of a prospective program and issue a report predicting whether the given program will end up being a hit. If the program is actually going to be a hit, there is a 75% chance that the market researchers will predict the program to be a hit. If the program is actually going to be a flop, there is only a 30% chance that the market researchers will predict the program to be a hit. What is the maximum value of C that the network should be willing to pay the market research firm? Enter your answer in dollars, not in million dollars. $ __________ Calculate EVPI for this decision problem. Enter your answer in dollars, not in million…
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