Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 2 or a 3, nothing otherwise. what is your expected value
QUESTION POSTED AT 16/04/2020 - 08:00 PM
Answered by admin AT 16/04/2020 - 08:00 PM
You had 6.
spent 2
have 4 back
spent 2
have 4 back
Related questions
Suppose that Dr. Reilly owns a medical clinic and he enters into a contract to buy 500 tablets of Gensol from Pharzime. The Gensol that he orders are 200 milligrams each. The Gensol tablets that are delivered however are 100 milligrams each, shipped in boxes of 25 tablets. Pharzime states that it will replace the Gensol with the correct size tablets. Decide.
QUESTION POSTED AT 01/06/2020 - 04:01 PM
What is the maximum amount you would pay for an asset that generates an income of $250,000 at the end of each of five years, if the opportunity cost of using funds is 8 percent?
QUESTION POSTED AT 01/06/2020 - 01:57 PM
Suppose changes in autonomous consumption affect investment while changes in autonomous government spending do not. in this case, identical changes in autonomous consumption and autonomous government spending
QUESTION POSTED AT 01/06/2020 - 01:55 PM
Ahrens Inc is preparing its January balance sheet. Ahrens has $3,100 in Supplies to be converted in March, $4,700 Notes Receivable to be converted in August, $800 in Prepaid Insurance to be converted in April, and $6,200 in Accounts Receivable to be converted in June. In what order should Ahrens list these assets?
QUESTION POSTED AT 01/06/2020 - 12:03 PM
Ginger feels like she is very qualified for a Revenue job. Which qualifications does Ginger most likely have? 1- foreign language fluency, communication skills, and teamwork 2- physical fitness, stress management, and communication skills 3- public speaking skills, stress management, and debating skills 4- integrity, ability to analyze tax forms, and good math skills
QUESTION POSTED AT 01/06/2020 - 11:56 AM
1.Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically. What impact, if any, will this have on the following: a. the firm's AFC (average fixed cost);
QUESTION POSTED AT 29/05/2020 - 02:21 PM
A firm has installed a manufacturing line for packing materials. the firm plans to produce 50 tons of packing peanuts at $5000 per ton annually for 5 years, and then 80 tons of packing peanuts per year at $5500 per ton for next 5 years. what is the present worth of the expected income? the firm's minimum attractive rate of return is 18% per year.
QUESTION POSTED AT 29/05/2020 - 02:19 PM
G a company purchased a delivery van for $28,000 with a salvage value of $3,000 on september 1, year 1. it has an estimated useful life of 5 years. using the straight-line method, how much depreciation expense should the company recognize on december 31, year 1?
QUESTION POSTED AT 29/05/2020 - 02:16 PM
____________ is created when a customer is willing to pay more for a good or service than it costs the firm to produce it.
QUESTION POSTED AT 29/05/2020 - 02:16 PM
An investor invests 70% of her wealth in a risky asset with an expected rate of return of 15% and a variance of 5%, and she puts 30% in a treasury bill that pays 5%. her portfolio's expected rate of return and standard deviation are
QUESTION POSTED AT 29/05/2020 - 02:12 PM
Wellpoint health network states: wellpoint will redefine our industry: through a new generation of consumer-friendly products that put individuals back in control of their future. this is an example of a:
QUESTION POSTED AT 29/05/2020 - 01:42 PM
The three main areas that are open to violation through unethical marketing are _______________________, wellbeing, and fairness.
QUESTION POSTED AT 29/05/2020 - 01:15 PM
You buy a lottery ticket to a lottery that costs $10 per ticket. there are only 100 tickets available to be sold in this lottery. in this lottery there are one $500 prize, two $100 prizes, and four $25 prizes. find your expected gain or loss.
QUESTION POSTED AT 29/05/2020 - 12:09 PM
A merchant wants to mix gummy worms worth $5 per pound and gummy bears worth $3 per pound to make 30 pounds of a mixture worth $3.80 per pound. how many pounds of each type of candy should he use?
QUESTION POSTED AT 29/05/2020 - 12:07 PM
While charging a general admission price of? $15 for adults most days of the? week, the museum of fine arts in houston offers free admission every thursday. why do you suppose that museums often price this? way, offering free admissions on one day during the? week?
QUESTION POSTED AT 29/05/2020 - 11:57 AM
What is erikson's term for the period during which toddlers (aged 18 months to 3 years) develop independence and autonomy if they are allowed the freedom to explore, or shame and self-doubt if they are restricted and overprotected?
QUESTION POSTED AT 29/05/2020 - 11:55 AM
As a financial manager, you decide to borrow funds in order to meet payroll. your company will pay back the funds within nine months. you are seeking ________ financing.
QUESTION POSTED AT 29/05/2020 - 11:55 AM
A parcel of vacant land 80 feet wide and 200 feet deep was sold for $2000 per front foot. how much money would a broker receive for her 60% share in the 10% commission?
QUESTION POSTED AT 29/05/2020 - 11:47 AM
The hero is always a loner, riding off into the sunset. employers expect key employees to make critical decisions alone; rewards are given to individuals, not to teams. this describes a culture that is ________.
QUESTION POSTED AT 29/05/2020 - 11:45 AM
Ken and traci are two woodworkers who both make tables and chairs. in one month, ken can make 3 tables or 18 chairs, whereas traci can make 8 tables or 24 chairs. given this, we know that the opportunity cost of 1 table is
QUESTION POSTED AT 29/05/2020 - 11:34 AM
You don't understand a word in a file because it's in another language. which tag would be correct to use in this case?
QUESTION POSTED AT 29/05/2020 - 11:24 AM
Oceania buys $100 of wine from escudia and escudia buys $80 of wool from oceania. suppose this is the only trade that these countries do. what are the net exports of oceania and escudia, in that order?
QUESTION POSTED AT 29/05/2020 - 11:19 AM
Suppose an increase in interest rates causes rising unemployment and falling output. to counter this, the federal reserve would a. increase the money supply. b. increase government spending. c. decrease the money supply. d. decrease government spending.
QUESTION POSTED AT 29/05/2020 - 11:13 AM
A person who suddenly stops drinking alcohol after having kept a significant amount in his or her body for many years may_________. A continue to feel impaired B need to start eating more C have significantly more energy D die
QUESTION POSTED AT 29/05/2020 - 10:59 AM
Innocent misrepresentation is treated as a unilateral mistake. question 3 options: a. True b. False save
QUESTION POSTED AT 29/05/2020 - 09:34 AM
Conjoint studies are run to understand how consumers make __________.
QUESTION POSTED AT 29/05/2020 - 09:27 AM