Two television networks, Century and ReMark, compete for a viewer audience in prime time. Century is considering a new talkshow, a game show, and an educational documentary show. ReMark is considering a sports highlights show, a mystery drama,and a variety show. The following payoff matrix shows the estimated gain by ReMark in audience ratings for the pairings of shows.ReMarkTalkSports 5-20MysteryVariety -10Century---Select------Select---Educa-Game tional25105-5-15-10Find the strategy each network should adopt and the value.ReMarkCenturyvalue✪

Answered: Image /qna-images/answer/62cf7cc6-3f4b-4c1e-8459-80dab05f8495.jpg

Answered: Two television networks, Century and…

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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According to Zillow.com, the median sale price for homes in January for South Carolina, California, and Virginia over the last three years is given in the table below (measured in $100,000). able South Carolina California Virginia 2018 183 534 98 2019 193 555 94 2020 216 569 85 In South Carolina, realtors take 5.4% of the sale price on average as part of their commission. The average realtor commission rates in California and Virginia are 4.9% and 5.3%, respectively. Use matrix multiplication to find the total earned by realtors from their commissions
A friend who lives in Los Angeles makes frequent consultingtrips to Washington, D.C.; 50% of the time shetravels on airline #1, 30% of the time on airline #2, and the remaining 20% of the time on airline #3. For airline#1, flights are late into D.C. 30% of the time and late intoL.A. 10% of the time. For airline #2, these percentagesare 25% and 20%, whereas for airline #3 the percentagesare 40% and 25%. If we learn that on a particular trip shearrived late at exactly one of the two destinations, whatare the posterior probabilities of having flown on airlines#1, #2, and #3? Assume that the chance of a late arrival inL.A. is unaffected by what happens on the flight to D.C.[Hint: From the tip of each first-generation branch on atree diagram, draw three second-generation brancheslabeled, respectively, 0 late, 1 late, and 2 late.]
Farmer Joon must determine whether to plant corn or wheat. If heplants corn and the weather is warm, he earns $9,000; if he plants corn and the weather is cold,he earns $6,000. If he plants wheat and the weather is warm, he earns $7,000; if he plants wheatand the weather is cold, he earns $6,500. In the past, 40% of all years have been cold and 60%have been warm. Before planting, Joon can ask an expert for a weather forecast. If the year isactually a cold, there is a 90% chance that the forecaster will predict a cold year. If the year isactually warm, there is an 80% chance that the forecaster will predict a warm year.d. What is the probability that the year will be actually cold if the expert said: “will be warm”?e. If the expert said “will be cold”, then which crop do we plant this year? Please answer this. I NEED THIS..THIS
A grocery store is offering a 50% discount off a $4.00 box of cereal. You also have a $1.00 off coupon for the same cereal. Use a composite unction to show whether it is better to use the coupon before or after the store discount.
Bicycling, the world’s leading cycling magazine, reviews hundreds of bicycles throughout theyear. Their “Road-Race” category contains reviews of bikes used by riders primarily interested in racing. One of the most important factors in selecting a bike for racing is the weightof the bike. The following data show the weight (pounds) and price ($) for 10 racing bikesreviewed by the magazine (Bicycling website, March 8, 2012). Brand Weight Price ($)FELT F5 17.8 2100PINARELLO Paris 16.1 6250ORBEA Orca GDR 14.9 8370EDDY MERCKX EMX-7 15.9 6200BH RC1 Ultegra 17.2 4000BH Ultralight 386 13.1 8600CERVELO S5 Team 16.2…
Google has changed its strategy with regard to how much and over which media it invests in advertising. The following table shows Google's marketing budget in millions of dollars for 2008 and 2011 (The Wall Street Journal, March 27, 2012). 2008 2011 Internet $26.0 $123.3 Newspaper, etc. $4.0 $20.7 Television $0.0 $69.3 a. Select a side-by-side bar chart with year as the variable on the horizontal axis.
In 2010, the U.S. Congress passed the historic health care reform bill that will provide some type of coverage for the 32 million Americans currently without health care insurance. Just how widespread is the lack of medical coverage? The media claim that the segments of the population most at risk for disease and thus needing healthcare are women, children, the elderly and the poor. The following tables were generated from the U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement (2011). The tables report the number of uninsured (in thousands) by sex, by age, and by household income. Is being insured or not dependent on gender? Fill in the degrees of freedom and p-value in the output below and draw a clear conclusion indicating which gender is more at risk of not being insured if there is a significant difference.
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In 2010, the U.S. Congress passed the historic health care reform bill that will provide some type of coverage for the 32 million Americans currently without health care insurance. Just how widespread is the lack of medical coverage? The media claim that the segments of the population most at risk for disease and thus needing healthcare are women, children, the elderly and the poor. The following tables were generated from the U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement (2011). The tables report the number of uninsured (in thousands) by sex, by age, and by household income Is being insured or not dependent on the age groups identified in the analysis? Fill in the degrees of freedom and p-value in the output below and draw a clear conclusion indicating which age-groups are more at risk of not being insured if there is a significant relationship
The Party of Nonvoters From past elections, nonvoters are those who are either not registered to vote or are considered unlikely to vote in an upcoming election. Nonvoters are very different demographically from likely voters.Nonvoters are more racially and ethnically diverse. 43% of those who are not likely to cast a ballot are Hispanic, African or other racial and ethnic minorities, roughly double the percentage amoung likely voters(22%) (Source: Pew Research Center, October, 2014, "The Party of Nonvoters"). Suppose you interview 10 people who are considered nonvoters. Round answers to 4 decimal places.a.) What is the probability that 5 of them are an ethnic minority? b.) What is the probability that more than 8 are an ethnic minority? c.) What is the probability that at least 8 are not an ethnic minority? d.) What is the probability that fewer than 5 are not an ethnic minority?
In 2010, the U.S. Congress passed the historic health care reform bill that will provide some type of coverage for the 32 million Americans currently without health care insurance. Just how widespread is the lack of medical coverage? The media claim that the segments of the population most at risk for disease and thus needing healthcare are women, children, the elderly and the poor. The following tables were generated from the U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement (2011). Explain using supportive arguments from your analyses. Write a general summary paragraph identifying groups lacking in coverage by gender, age and income and commenting on the headline. Reference the observed numbers and percentages in your summary paragraph to see how the groups trend in identifying potentially more at-risk. Analysises for reference: Is being insured or not dependent on gender? Fill in the degrees of freedom and p-value in the output below and draw…

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