x IONA: Single Sig B Assignments - Prix B Zoom Meeting LX long College - Zocx Take Test Test C 3A The Detox > chegg.com/homework-help/questions and answers/3-decico-son-markets-hired-graduation-ion-college-intends-open-grocery superma + Practico Enter = Chegg Study Textbook Solutions Expert Q&A Study Pack 3 A. The DeCicco and Sons Markets you were just hired by them after graduation from lona College intends to open a grocery supermarket in the Town of Somers, NY across from the entrance to the massive residential complex called "Heritage Hills" and the firm is trying to decide if it should build a medium size or very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? [Draw the Decision Tree for yourself to better answer all parts of Question #31 What is the Expected Monetary Value (EMV) for for building a large store? 3 B. The DeCicco and Sons Markets (you were just hired by them after graduation from lona College intends to open a grocery supermarket in the Town of Somers, NY across from the entrance to the massive residential complex called "Heritage Hills" and the firm is trying to decide if it should build a medium size or very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? What is the Expected Monetary Value (EMV) for building a medium size store? 3 C The DeCicco and Sons Markets (you were just hired by them after graduation from lona College) intends to open a grocery supermarket in the Town of Somers, NY across from the entrance to the massive residential complex called "Heritage Hills and the firm is trying to decide if it should build a medium size or very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? What is the Expected Monetary Value (EMV) of doing nothing? Based on the information provided in questions 3 A, B and what is the Expected Monetary Value of the best decision? 9 By residential complex called "Heritage Hills" and the firm is trying to decide if it should build a medium size or TUI JUINDI, NY across from the entrance to the massive very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? What is the Expected Monetary Value (EMV) of doing nothing? Based on the information provided in questions 3 A, B and C, what is the Expected Monetary Value of the best decision? 4. The Montefiore North Medical Center in New Rochelle, NY has developed a multiple regression line for forecasting the expected number of deaths from strokes (V) as a function of 1) X7 time in minutes from the onset of symptoms until first seeing an Emergency Room physician and 2) X2, the time, in tenths of an hour, of treatment with TP4, a clot-busting pharmaceutical, that is most effective in the first 2 hours from onset of symptoms and decreases with time beyond 2 hours. The equation is as follows: Y = 0.75 +0.01X2 +0.20 (X2-2.00) What are the expected number of deaths due to stroke for patients who arrive at the ER and see a physician 20 minutes after the onset of symptoms and receive administration of TP4 2 hours and 15 minutes after the onset of symptoms? (i need this questions done quick) Expert Answer x IONA: Single Sig B Assignments - Prix B Zoom Meeting LX long College - Zocx Take Test Test C 3A The Detox > chegg.com/homework-help/questions and answers/3-decico-son-markets-hired-graduation-ion-college-intends-open-grocery superma + Practico Enter = Chegg Study Textbook Solutions Expert Q&A Study Pack 3 A. The DeCicco and Sons Markets you were just hired by them after graduation from lona College intends to open a grocery supermarket in the Town of Somers, NY across from the entrance to the massive residential complex called "Heritage Hills" and the firm is trying to decide if it should build a medium size or very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? [Draw the Decision Tree for yourself to better answer all parts of Question #31 What is the Expected Monetary Value (EMV) for for building a large store? 3 B. The DeCicco and Sons Markets (you were just hired by them after graduation from lona College intends to open a grocery supermarket in the Town of Somers, NY across from the entrance to the massive residential complex called "Heritage Hills" and the firm is trying to decide if it should build a medium size or very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? What is the Expected Monetary Value (EMV) for building a medium size store? 3 C The DeCicco and Sons Markets (you were just hired by them after graduation from lona College) intends to open a grocery supermarket in the Town of Somers, NY across from the entrance to the massive residential complex called "Heritage Hills and the firm is trying to decide if it should build a medium size or very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? What is the Expected Monetary Value (EMV) of doing nothing? Based on the information provided in questions 3 A, B and what is the Expected Monetary Value of the best decision? 9 By residential complex called "Heritage Hills" and the firm is trying to decide if it should build a medium size or TUI JUINDI, NY across from the entrance to the massive very large size store. The market research firm, ABC Enterprises, conducted a study for the DeCicco's at a cost of $50,000 and determined that there was an 80% probability of a favorable market. If DeCicco's builds a medium size store and it is successful, it will generate $600,000 in profit but if it fails it will lose $200,000. On the other hand, if DeCicco's build a very large store and it is successful, it will generate a profit of $1,000,000 but if it fails it will lose $500,000. What should DeCicco's do? What is the Expected Monetary Value (EMV) of doing nothing? Based on the information provided in questions 3 A, B and C, what is the Expected Monetary Value of the best decision? 4. The Montefiore North Medical Center in New Rochelle, NY has developed a multiple regression line for forecasting the expected number of deaths from strokes (V) as a function of 1) X7 time in minutes from the onset of symptoms until first seeing an Emergency Room physician and 2) X2, the time, in tenths of an hour, of treatment with TP4, a clot-busting pharmaceutical, that is most effective in the first 2 hours from onset of symptoms and decreases with time beyond 2 hours. The equation is as follows: Y = 0.75 +0.01X2 +0.20 (X2-2.00) What are the expected number of deaths due to stroke for patients who arrive at the ER and see a physician 20 minutes after the onset of symptoms and receive administration of TP4 2 hours and 15 minutes after the onset of symptoms? (i need this questions done quick) Expert