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Title: Determine the objective function. (Multiple Choice) Post by: Destinylave on Mar 10, 2018 Determine the objective function.
A) Maximize 1,000X1 + 1,430X2 + 1,260X3 B) Minimize 3X1 + 8X2 + 2X3 + 11X4 + 7X5 + 5X6 C) Minimize 3X2 + 4X3 + 2X5 D) Maximize 1X1 + 8X2 + 2X3 + 6X4 + 3X5 + 4X6 Q. 2 What is the variance of the W index fund? A) 18.66 B) 10.57 C) 10.72 D) 12.12 Q. 3 When estimating sample size, a 90 percent confidence level will result in a smaller sample size than a 95 percent confidence level. Indicate whether the statement is true or false Q. 4 A nonlinear optimization model differs from a mixed integer linear optimization model in that the nonlinear optimization model ________. A) contains terms that cannot be written as constant times a variable B) is considerably more easy to solve than the mixed integer linear optimization model C) uses equalities and nonequalities to describe constraints in the business decision problem D) contains only a subset of variables that are restricted to being integers while others are continuous Q. 5 What is the expected monetary value (in ) of the X index fund? A) 1.38 B) 0.29 C) 1.11 D) 0.93 Q. 6 A cumulative distribution function, F(x), specifies the probability that the random variable X will assume a value greater than or equal to a specified value, x. Indicate whether the statement is true or false Q. 7 A bank manager wishes to estimate the mean waiting time spent by customers at his bank. He knows from previous experience that the standard deviation is about 4.0 minutes. If he desires a 90 percent confidence interval estimate and wishes to have a margin of error of 1 minute, the required sample size will be approximately 143. Indicate whether the statement is true or false Title: Determine the objective function. (Multiple Choice) Post by: vieba on Mar 10, 2018 B C TRUE A B FALSE FALSE Title: Determine the objective function. (Multiple Choice) Post by: Destinylave on Mar 10, 2018 Thank you for always stepping in by helping me with my homework
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