Question
ALL PLEASE HELP ME ANSWER THIS QUESTION PLEASE. IT HAS 3 PARTS. PLEASE HELP ME WITHIN 30 MINUTES PLEASE!! I DONT NEED YOU TO EXPLAIN
ALL PLEASE HELP ME ANSWER THIS QUESTION PLEASE. IT HAS 3 PARTS. PLEASE HELP ME WITHIN 30 MINUTES PLEASE!! I DONT NEED YOU TO EXPLAIN AND I ALREADY LISTED THE ANSWER CHOICES! THANK YOU
( 1ST PART) How much would the Bookstore manager pay to have perfect information? Use the information below
Based on conversations with the chair of the economics department, suppose the bookstore manager believes that the following probabilities hold:
P( 7 classes offered) = .10
P( 8 classes offered) = .30
P( 9 classes offered) = .40
P(10 classes offered) = .20
A.312
B.212
C.112
D. 248
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