Mathematics, 16.03.2020 20:56 shawtybrown21
In deciding to park in an illegal place, any individual knows that the probability of getting a ticket is p and that the fine for receiving the ticket is f. Suppose that all individuals are risk averse (i. e., U00(W) < 0, where W is the individual’s wealth). Will a proportional increase in the probability of being caught or a proportional increase in the fine be a more effective deterrent to illegal parking? Hint: Use the Taylor series approximation U(W % f ) ¼ U(W) % f U0(W) þ ( f 2/2)U00(W).
Answers: 3
Mathematics, 21.06.2019 15:40
Jonathan pays $1.90 per pound for potatoes. he buys 8.3 pounds of potatoes. he determines that he will pay $15.77, before tax, for the potatoes. which best describes the reasonableness of jonathan’s solution? jonathan’s answer is reasonable because there are two decimal places in the factors and two in the product. jonathan’s answer is unreasonable because there are three decimal places in the factors and two in the product. jonathan’s answer is reasonable because is 16, and 16 is close to 15.77. jonathan’s answer is unreasonable because is 8, and 8 is not very close to 15.77.
Answers: 1
Mathematics, 21.06.2019 16:30
In two or more complete sentences describe how to determine the appropriate model for the set of data, (1,1), (3,2), (6,3), (11,4).
Answers: 1
Mathematics, 21.06.2019 17:00
You are on a cycling trip around europe with friends. you check the weather forecast for the first week. these are the temperatures for the week. sun mon tues wed thurs fri sat 16°c 20°c 24°c 28°c 28°c 23°c 15°c what is the mean temperature forecast for the week?
Answers: 1
Mathematics, 21.06.2019 17:50
F(x) = x2 − 9, and g(x) = x − 3 f(x) = x2 − 4x + 3, and g(x) = x − 3 f(x) = x2 + 4x − 5, and g(x) = x − 1 f(x) = x2 − 16, and g(x) = x − 4 h(x) = x + 5 arrowright h(x) = x + 3 arrowright h(x) = x + 4 arrowright h(x) = x − 1 arrowright
Answers: 2
In deciding to park in an illegal place, any individual knows that the probability of getting a tick...
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