Answer:
It explicitly incorporates uncertainty in one or more input variables.
Explanation:
In simulation analysis we perform 1000's of calculations assigning risk of uncertainty to multiple input variables, as with increased data set the variable tend to increase.
This technique is generally used, for project management and further, decision making in many streams.
Under this probability of different results in the form of outcomes are evaluated.
Therefore, the correct statement is b.
Answer:
Explanation:
- Let the demand equation be P = X + YQ
- at P = $24, Q = 11000units
- 24 = X + 11000Y.............equation 1
Substitute the value of X in equation 1
- hence demand equation ; P = X + YQ , P =61 - 0.00336Q
Similarly, let the supply equation be P = Z + wQ
- at P = $24, Q = 11000units
- 24 = Z + 11000w....................equation 2
- from equation P = Z + wQ, 3 = Z
Substitute the value of Z in equation 2
- 24 = Z + 11000w, but Z = 3
- hence the supply equation becomes, P = 3 + 0.00191w
Answer:
$2,980.4
Explanation:
To find the answer, we use the future value of an investment formula:
FV = PV(1 + i)^n
Where:
- FV = Future value (the result we are looking for
- PV = Present value (the initial values that the question has given us)
- i = interest rat
- n = number of compounding periods
For the first $640:
FV = $640(1 + 0.0760)^1
FV = $688.6
For the $690
FV = $688.6 + $690 (1 + 0.0760)^1
FV = $1,431
For the second $690
FV = $1,431 + $690 (1 + 0.0760)^1
FV = $2,173.4
For the final $750
FV = $2,173.4 + $750 (1 + 0.0760)^1
FV = $2,980.4
So at the end of four years, you will have $2,980.4.
Answer:
A lot of information is missing, but the answer is the same whether we are told about a specific case or not. If the US Supreme Court decided on a similar case that is under trial in Nebraska, the Nebraska court must follow the decision and guidelines of the US Supreme Court.
The Supreme Court is the highest court in the US, and its decisions must be followed by all lower courts. If a lower court doesn't follow a Supreme Court decision on a similar case, then an appellate court would reverse the decision.
The Supreme Court does not create laws, but it decides on how they should be enforced.
