Therefore , the solution of the given problem of probability comes out to be the medium addition because it has the greatest expected utility (0.72).
The primary goal of the structures within a methodology expression known as criteria is to provide an indication of the probability that the assertion is true or that a specific event will occur. Any number between zero and one, at which 0 is frequently indicated as a possibility and 1 has frequently used to denote a level of confidence, can be used to represent chance. The chance that a specific event will occur is displayed in a probability diagram.
Here,
The following formula can be used to determine each option's anticipated financial value:
=> EMV of big addition = (0.4 * $100,000) plus (0.6 * -$40,000) for a total of $16,000.
=> EMV of the middle addition is
= (0.4 * $40,000) plus (0.6 * -$10,000) for a total of $14,000.
=> EMV of a minor addition = (0.4 * 10,000) plus (0.6 * 5,000), which equals $6,000
The large addition should be chosen by the physicians as it has the greatest expected financial value of $16,000.
dividing each outcome's usefulness value by its likelihood, then adding the results:
=> (0.4 * 1.0) + (0.6 * 0.0) = 0.4 is the EU of the big addition.
=> (0.4 * 0.9) + (0.6 * 0.6) = 0.72 is the EU of medium addition.
Smaller EU = (0.4 * 0.5) + (0.6 * 0.6) = 0.58
The doctors should choose the medium addition because it has the greatest expected utility (0.72), according to expected utility theory.
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Nonlinear increasing Nonlinear decreasing Linear increasing Linear decreasing I believe the answer is C. but I also think its D but I'm seriously stuck
Answer:
The graph of the function is:
Linear increasing.
Step-by-step explanation:
This means that the relationship is linear.
This means that the graph of the function is continuously increasing.
Hence, the option that best describes the function graphed is:
Linear increasing.
b) stretched horizontally, moved 3 to the right and 4 up
c) reflected with respect to x-axis, stretched vertically, moved 3 to the right and 4 up
d) stretched horizontally, moved 3 to the left and 4 down
Answer:
The 1st one
Step-by-step explanation:
I would explain but you said u need help fast