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Could I get someone to just answer quesiton 1? You have simulated two systems an

ID: 3232327 • Letter: C

Question

Could I get someone to just answer quesiton 1?

You have simulated two systems and made 10 simulation runs of each of each, estimating profit (which you want to maximize) for each system. The same random number seeds were used for each system. Assume sample sizes of 1. For system A profit above, identify the 80% confidence interval of the mean based on samples of size 1 (z value 1..28) For system A profit above, identify the 80 % certainty interval of the data In the data above the correlation in profits between Systems A and B is 0.999. Are the results for Systems A & B independent? What does that about the probability estimates of relative profitability in question 2 & 2?

Explanation / Answer

Given the means of three systems

by the probability study we forund system C is the best

system mean(x) prob(x/780801) A 137412 0.175989 B 301083 0.385608 C 342306 0.438404 SUM= 780801