You have $1000 and a certain commodity presently sells for $2 per ounce. Suppose that after one week the commodity will sell for either $ 1 or $ 4 an ounce, with these two possibilities being equally likely. If your objective is to maximize the expected amount of money that you possess at the end of the week, what strategy should you employ?

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.

You should do all of the following before a job interview except