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Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's NPV?
Compute the acceptance probability ?(x, y) in the case q(y|x) = g(y).
Derive the corresponding Accept-Reject method and show that, when ß = 1, the optimal choice of b is b = [ a]/a.
Metropolis-Hastings with a gamma G(5, 6) candidate. In each case, monitor the convergence across iterations.
Describe how organizations use statistical thinking to be more competitive.
Observed monthly sales of a popular brand tennis shoe at a medium-sized sports store at the town's mall over the first eight months of the year are given
Deduce from the acceptance rate of this algorithm an approximation of the normalizing constant of f, and compare the histogram with the plot of the normalized .
Compute the upper bound M over f /g and show that the choice a = 1 optimizes the corresponding acceptance rate.
Generate normal random variables using a Cauchy candidate in Accept-Reject.
Compare the corresponding algorithms that can be derived from these representations among themselves and also with rchisq for small and large values of ?.
The number of days that homes stay on the market before they sell in Houston is bell-shaped with a mean equal to 59 days
The number of transistors (in millions) made at a plant in Japan during the past five years follows:
a) Calculate the payback period for both projects b) Calculate the NPV for both projects
Since Scott will buy back any leftover, the salvage value for Ryan is the buy-back price
Verify the form of the cdf and then generate 10,000 random variables using the inverse transform.
During the morning hours at a catalog sales department, telephone calls come in at the rate (Poisson) of 32 per hour.
For each model compute the Mean Absolute Deviation.
The Montana Legislature's Interim Justice Committee wants to know if the Montana Department of Corrections has final information regarding the success
A medical supplies company buys its supplies in bulk and redistributes them to doctor's offices and clinics. They receive latex gloves in lots of 5000 boxes
McNabb Corporation makes shoe polish. The standard direct materials quantity is .5 pounds per container at a cost of $2.25 per pound
A mechatronic assembly is subjected to a final functional test. Suppose that defects occur at random in these assembles, and that defects occur
A marker manufacturer wants to determine process control charts for a machine that cuts the plastic for marker height.
A Manufacturer is developing a facility plan to provide production capacity for its factory. the amount of capacity required in the future depends on the number
A manufacturer sells a product in two regions. Weekly demand in each region is Normally distributed with mean 1,000 and standard deviation 300.
Generate all the Gold codes of length 7 and determine the cross correlations of one sequence with each of the others.