Suppose that we have the option of surveying our market before we make the final decision; if we do so, we will either get a favorable report or an unfavorable report. Further suppose that if we get a favorable report, our expected return (assuming we make the best decision we can in light of that new information) is 22, but if we get an unfavorable report, our expected return is 10. If we decide to not pursue the market survey, our expected return is 13. Finally, suppose that the probability of good news is 65%. Calculate the value of the market survey, and round your final answer to two decimal places.

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve