Jean Clark is the manager of the Midtown Saveway Grocery Store. She now needs to replenish her supply of strawberries. Her regular supplier can provide as many cases as she wants. However, because these strawberries already are very ripe, she will need to sell them tomorrow and then discard any that remain unsold. Jean estimates that she will be able to sell 10, 11, 12, or 13 cases tomorrow. She can purchase the strawberries for $3 per case and sell them for $8 per case. Jean now needs to decide how many cases to purchase. Jean has checked the store’s records on daily sales of strawberries. On this basis, she estimates that the prior probabilities are 0.2, 0.4, 0.3, and 0.1 for being able to sell 10, 11, 12, and 13 cases of strawberries tomorrow.

a. Develop a decision analysis formulation of this problem by identifying the decision alternatives, the states of nature, and the payoff table.

b. How many case of strawberries should Jean purchase if she uses the maximin payoff criterion.

c. How many cases should be purchased if she uses the maximum likelihood criterion?

d. How many cases should be purchased according to Bayes’ decision rule?

e. Jean thinks she has the prior probabilities just about right for selling 10 cases and selling 13 cases, but is uncertain about how to split the prior probabilities for 11 cases and 12 cases. Reapply Bayes’ decision rule when the prior probabilities of 11 and 12 cases are (i) 0.2 and 0.5, (ii) 0.3 and 0.4, and (iii) 0.5 and 0.2.

Antonio made a scale model of a building. the model's scale is 1 inch to 235 feet and its height is 3.5 inches. what is the exact height of the actual building? enter your answer in the box.

Brittany has designed four different birdcages, each with the same volume: a square pyramid, a cylinder, a cone, and a sphere. the zoo wants to use one of brittany’s designs but plans to change the volume of the cage. find the design change that would result in the birdcage with the greatest volume. increase the area of the base of the square pyramid by a factor of ten. increase the height of the cylinder by a factor of ten. increase the radius of the cone by a factor of ten. increase the radius of a sphere by a factor of ten. juan wants to build a greenhouse in his back yard. he needs to maximize the ratio of floor area to structure volume in order to provide the most room for plants while minimizing the area to be heated. find the description of the structure that best meets juan’s criteria. a cube with a side length of 12 feet a cone with a diameter of 12 feet and a height of 10 feet a square pyramid with a base side length of 12 feet and a height of 9 feet a hemisphere with a diameter of 12 feet marion has a bicycle that she is planning to take for a ride. the rim of the rear wheel lies 41 cm from the center of the wheel. the tire itself has a thickness of 3 cm.in order to marion to ride her bicycle 96,712 cm, approximately how many rotations will the rear wheel make? 350 15.9 376 5133 an isosceles trapezoid has perimeter of 42 inches. each of the congruent nonparallel sides is 5 inches long, and the trapezoid is 3 inches tall. how long are the two parallel sides? 10 inches and 16 inches 12 inches and 20 inches 16 inches and 16 inches 10 inches and 22 inches

Abag of jelly beans contain 13 pink, green, 20 yellow, 10 black, 7 red, and 11 orange jelly beans. approximately what percent of the jelly beans are pink and yellow?