An pessimistic vacationer would opt for:
Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below.
Region Strong Dollar Middling Dollar Weak Dollar
Eastern Europe 33 54 57
Southeast Asia 41 56 36
Australia 45 44 58
Galapagos Islands 37 35 26
Scandinavia 38 11 48
A) Scandinavia.
B) Galapagos Islands.
C) Australia.
D) Eastern Europe.
Answer: B
You might also like to view...
A reduced price, an introductory price, and e-coupons used to encourage someone to make an online purchase are:
A) quality incentives B) financial incentives C) convenience incentives D) value-based incentives
The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3. The probability that there are less than 3 occurrences is
A. .0659. B. .0948. C. .1016. D. .1239.
The accounting firm of Griggs, Macon, and Fiurre audits the financial records of Chasse, a public company. The Sarbanes-Oxley Act prohibits the accounting firm from providing consulting services to Chasse on human resource matters
a. True b. False Indicate whether the statement is true or false
Use Scenario 11.3 to answer this question. How many units of N are required to produce 25 end items?
A) 138 B) 150 C) 124 D) 112