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Dragon.amg86 Dragon.amg86
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6 years ago
What does the coefficient of optimism need to exceed in order for the Galapagos Islands to not be the vacation destination of choice?
 
  Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below.
 
  Region Strong Dollar Middling Dollar Weak Dollar
  Eastern Europe 33 54 57
  Southeast Asia 41 56 36
  Australia 45 44 58
  Galapagos Islands 37 35 26
  Scandinavia 38 11 48
 
  A) 0.80
  B) 0.77
  C) 0.74
  D) 0.71
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babyfacelovebabyfacelove
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6 years ago
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Dragon.amg86 Author
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6 years ago
Thanks
mambah4
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
gma_of_7
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2 hours ago
This helped my grade so much Perfect
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