Midterm - FE8-26-2008 10:52R FROM: ..... ... .... .~,....

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Unformatted text preview: FE8-26-2008 10:52R FROM: ..... ... .... .~,. "' .. BREVARD COMf4lJN]TY C.OLLEGE Fax TO:813523926291 Cocoa Math and Learning Lab 1519 Clearlake Rd, 09-106 Cocoa, FL 32922 Telephone: (321) 433-7741 Fax: (321) 433-7678 To: Edwin Romeijn From: Lis~ Gill Fax: 352 392.6291 Phone: ~52 392.1464 x?O18 Pages: 12 D3tO: 02/26/2008 Re: Setzer ESI 6321 Exam cc= n Urgent Commenta: o For Review l1 Please Comment ~leaB. C onfirm Receipt Attached il'i the exam page5. including Sfratch ra!J~r, for L, Setzer Plea~~ confirm ret~ipt of 12 P;10CS. Ttli:lllkyo\.!! _ ~ _ ._, .. //6 FEB-26-2008 10:52A FROM: ESI6321 TO:813523926291 APPLIED PROBABILITY METHODS IN ENGINEERING OEM 2009 February 25, 2008 MIDTERM 6:QO-8:00PM Open book, open lecture notes This test consists of 3 problems Name: Luther Setzer TO:813523926291 FE8-26-2008 10:53R FROM: Problem 1: (35 points) The NBS television nctwork cams an average of $400~OOO from a hit show and loses an average of $100,000 on a flop. Of ail shows r~viewcu by the network, 25% turn out to b~ hits and 75% turn out to be flops. For $40,000, a market research tinn will have an :iudiene~ vicw a pilot of a prospective show and give its view about whether the show wiU be a hit or a flop. If a show is actually going to bc a 'hit, th~re is a 90% chance that thc market research fim, will predil;t the show to be a hit. If th~ show if actually going to be a flop, there is an 80% chnllce that the mnrket research firm will predict the ~how to be a flop....
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Midterm - FE8-26-2008 10:52R FROM: ..... ... .... .~,....

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