1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pychu [463]
3 years ago
14

A market research survey is available for $10,000. Using a decision tree analysis, it is found that the expected monetary value

with the survey is $65,000. The expected monetary value with no survey is $62,000. What is the expected value of the information from this sample?
Business
1 answer:
svet-max [94.6K]3 years ago
7 0

Answer:

Therefore Expected Value of the information = $65,000+$62,000 - $10,000  = $117,000

Explanation:

If the market research survey is available for $10,000.

Using a decision tree analysis, it has been found that the expected monetary value with the survey is $65,000. The expected monetary value with no survey is $62,000.

<u>Then the expected value of the information from this sample is the expected value of each outcome and deducting the costs associated with the decision</u>

Therefore Expected Value of the information = $65,000+$62,000 - $10,000  = $117,000

You might be interested in
The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a
lubasha [3.4K]

Answer:

0.1 yen per dollar?  if i got it wrong sorry

Explanation:

Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?

4 0
2 years ago
Define the term market system.
crimeas [40]
I'm sorry but is it market system/market economy
5 0
3 years ago
The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan in
Gala2k [10]

The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is <em>a. $50. 04</em>.

Insurance coverage is a service offered by an insurer (insurance company) to the insured.  If the assured suffers some financial losses., the insurer reinstates the assured to their financial position before the event. For rendering the service, the insurance company collects from the insured some amount, monthly, quarterly, or annual charges called a premium.

Thus, based on the options given, the best insurance premium is <em>a. $50.04.</em>

Learn more about calculating the monthly insurance premium here: brainly.com/question/25280754 and brainly.com/question/19655618

8 0
2 years ago
Read 2 more answers
During 2017 sales on account were $390,000 and collections on account were $230,000. also, during 2017 the company wrote off $22
Scilla [17]

Answer:

[(Accounts receivable at the beginning of the year + $138,000) - $144,000] - cash realizable value at the beginning of the year

Explanation: The question is incomplete but just apply the missing figures: [(Accounts receivable at the beginning of the year + Sales on account - Collections on account - write off) - bad debt] - cash realizable value at the beginning of the year

[(Accounts receivable at the beginning of the year + $390,000 - $230,000 - $22,000) - $144,000] - cash realizable value at the beginning of the year

5 0
3 years ago
Read 2 more answers
In a jewelry store, a customer places an order for a piece of jewelry (for example, a silver pin in the shape of a tulip). each
Marizza181 [45]

The best type of system for the order of the jewelry would be:

 

<span>1. </span>A customer chooses what he wants from the jewelry

<span>2. </span>He/she must check if the special jewels that he/she wanted are available for pre-order

<span>3. </span>Once the business agreement is done a transaction shall be followed in the making.

 

<span>Special orders should always be made to be pre-ordered, if the supplier has the item.</span>

6 0
2 years ago
Other questions:
  • The span of control for a manager:
    10·1 answer
  • Hannah Johnson contributed equipment, inventory, and $53,000 cash to the partnership. The equipment had a book value of $25,000
    5·1 answer
  • Freulia Inc. manufactures and sells stationery and office supplies. It is beginning to lose its competitive advantage with the e
    12·1 answer
  • In 2019, Sayer, who is single, have an outright gift of $53,000 to a friend, Johnson, who needed the money to pay medical expens
    11·1 answer
  • Brody and tanya recently sold some land they owned for $200,000. they received the land five years ago as a wedding gift from br
    9·1 answer
  • Luker corporation uses a process costing system. the company had $160,500 of beginning finished goods inventory on october 1. lu
    12·1 answer
  • Use the following scenario for the question below. A group of 100 people seeks out an insurance company to underwrite health ins
    6·1 answer
  • The Perpetual Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $18,500 per year fo
    15·1 answer
  • .
    13·1 answer
  • Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potent
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!