Chaurice has a lot of friends and was elected president of her class. Before she was elected, she volunteered as a peer mentor f
2 answers:
You might be interested in
Answer:
Answer for the question :
""The Athletic Department of Leland University is considering whether to hold an extensive campaign next year to raise funds for a new athletic field. The response to the campaigın depends heavily upon the success of the football team this fall. In the past, the football team has had winning seasons 60 percent of the time. If the football team has a winning season (W) this fall, then many of the alumnae and alumni will contribute and the cam- paign will raise $3 milion. If the team has a losing season (L), few will contribute and the campaign will lose $2 million. If no campaign is undertaken, no costs are incurred. On September 1, just before the football season begins, the Athletic Department needs to make its decision about whether to hold the campaign next year.
(a) Develop a decision analysis formulation of this problem by identifying the alternative actions, the states of nature, and the payoff table.
(b) According to Bayes’ decision rule, should the campaign be undertaken?
(c) What is EVPI? "
is explained in the attachment.
Explanation:
Answer:
withdraw = 28532.45
so correct option is a. $28,532
Explanation:
given data
earned = $275,000 bonus
interest rate = 8.25% per year
time = 20 year
to find out
How much could you withdraw at the end of each of the next 20 years
solution
first we find here Cumulative discount factor that is express as
Cumulative discount factor = .............1
put here value r is rate and t is time
Cumulative discount factor =
Cumulative discount factor = 9.638148
so here
withdraw = Present amount ÷ cumulative discount factor .......2
put here value we get
withdraw =
withdraw = 28532.45
so correct option is a. $28,532