Flrat 5 letter ot your
la.i n..n. (l€ftlu.tltyt)
)t)t
Last 5 dlglts of yolr
Student Numbor(SSN)
tttt
Buaineaa Manag.m.nt 331 Eran
H".netrastretsg,
As.,.ten-
(c-Y
(
ae)
You have 90 minutes
to complete
this exam. A countdown
limer will be prcjecled
on the screen during
the quiz. No "time
checks' will be verbalty given
by the
instructor
during
the quiz.
When
the 90 minutes are complete,
aliwriting will cease.
Pl€s€ rcad eactr questio.l
c€refully
and directly an$Nsr
lhe question
that
is ask6d.
You may usea c€lculator
for the exam, However,
no instruction
on lhe useof th€ c€lculalor
or its func-tions
will b€ given
during
th€ exam. In addition, no shadng of calculators
is permitted.
f,]E
USE OF CELL PHONES AND PDA'S AREPROHIBITEDI
Place
the answer
to the queslion
asked
in lhe boxprovided.
Poinls will be deducied
for answers nol placed
in the box.
Do notwrite equalions
or anything
other
than
the answer
in the box.
Only one sludenl
is allowed
al 6 tim€
lo use
lhe resfoon. You will st/nender
yolr exam
to thg
insbuctor
pdor
to going
to
the rgsfoom and
it will bs given
back upon your r6tum.
No comnunication
ofanykind
is allovJed
b€iween
students
durino
the cou6e oflhe exam. This
includes
allforms
of
verbal communic€tion,
Mitlen communicalion,
aftUor electronic
communicalion.
I haw .gad the 6xam Inslructions above and understand
lhal any violallon of the examrul". wlll result in a
suspec{od case ot academic misconduct,
Slgn.turc:
Delol
Do nol wril6 b€lou/
this lin€
Total points
on exam
195
Total ooints missed
Percent
conect
Curved
score
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1.
I2O
polnt. -
1 'c,ln.s lor e.ch ,rs!yet,
Givon
the
following payoff
table:
What would be the decjEion
{not,rre vrruet) based
oni
a.
Maximax
critoria?
4z
A+
+5
b. lraximin crite.ia?
+L
c.
Minimax
regreP
1+L
d.
EMV when
the states have equal
probabiliiies
of occuring?
+L
e
Hurowicz
wih p =
0.30?
4L
Note: There may be mullide answers. All answers
must be listod credit.
O.clBlon
St toI
State 2
State 3
Stat 4
#1
*9
0
0
#2
7
I
4
#3
3
-l
*4
6
6
#5
-9
0
7
#6
-3
8
-€
Worksheets
(not gr6dodl)
Docblon [axlmum
illnlmum
Eltv
Hurowlca
f1
+
-q
-s,
I
@
/';\
6lt}''
GD
#3
3
-L
-o?5
d4
b
-1.

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- Winter '08
- Christobek
- Montreal Metro, lf th ssNicrsp.6sontatives, Youwillst/nender exam thginsbuctor, servicecostsof lhe service, yolr Student Numbor, Buaineaa Manag.m.nt Eran
-
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