Provide an appropriate response.The payoff table for three possible courses of action A1, A2, and A3 is given below.pi?A1xi?A2xi?A3xi?.3$70$40$50.2$100$120$110.1$160$140$90.4$80$140$160Which course of action will produce the largest expected value? What is it?
What will be an ideal response?
A3 has the largest expected value. E(A3) = 110
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Provide an appropriate response. A stack of boards is 27 inches high and each board measures 3 inches thick. How many boards are in the stack?
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Solve the problem.Approximately one-fifth of all glass bottles distributed will be recycled each year. A beverage company distributes 340,000 bottles. The number still in use after t years is given by the function N(t) = 340,000t .After how many years will 60,000 bottles still be in use?
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Do the following represent equal sets?{28, 30, 32, 34, 36} = {30, 32, 34, 36}
A. Yes B. No