2. (50 pts) The fundamental elements for enabling technologies are "Technology Roadmap" and "Technology Readiness Level". a) What is "Technology Roadmap"? (10 pts) b) What is "Technology Readiness Level" (20 pts) c) What is the relation between "Technology Roadmap" and "Technology Readiness Level"? What is the typical relation for the schedule of developing a technology (product development) and to complete technology readiness level studies? (20 pts) No one who makes a profit cares about people, and lots of pharmaceutical companies make a huge profit. So those companies must not care about people. No establishment that makes a profit is an establishment that cares about people. Some pharmaceutical companies are not establishments that care about people. Some pharmaceutical companies are establishments that make a profit. Some pharmaceutical companies are not establishments that care about people. Some pharmaceutical companies are establishments that make a profit. No establishment that makes a profit is an establishment that cares about people. No establishment that makes a profit is an establishment that cares about people. Some pharmaceutical companies are establishments that make a profit. All pharmaceutical companies are not establishments that care about people. No establishment that makes a profit is an establishment that cares about people. Some pharmaceutical companies are establishments that make a profit. Some pharmaceutical companies are not establishments that care about people. Question 13: Using the decision tree below: Prior probabilities New information High sales 0.7 Lowsales 0.3 Monday's sales low 0.2 Joint probabilities 0.14 Monday's sales low 0.6 0.18 0.32 What are the posterior probabilities of the high sales and low sales? (a) p(high sales) = 0.5625; p(low sales) = 0.4375 (b) p(high sales) = 0.2470; p(low sales) = 0.7530 (c) p(high sales) = 0.4375; p(low sales) = 0.5625 (d) p(high sales) = 0.7530; p(low sales) = 0.2470 Question 36 (1 point) Why do pharmaceutical firms benefit from patent protection? because research and development of drugs require large expenditures that need to be recouped while the patent is still valid because only physicians can legally prescribe pharmaceutical drugs because pharmaceutical drugs need to be controlled by the government because pharmaceutical companies pay large taxes to the government