$$\text { TABLE 17-6 }$$ A Student Wanted to Find Out the Optimal Strategy to Out

question 102

Short Answer

$$\text { TABLE 17-6 }$$ A student wanted to find out the optimal strategy to study for a Business Statistics exam. He constructed the following payoff table based on the average amount of time he needed to put in every week studying for the course and the degree of difficulty of the exam. From the information that he gathered from students who had taken the course, he concluded that there was a 40% probability that the exam would be easy.
$$\begin{array} { | l | c | c | c | } \hline & \text { 16 hours } & 8 \text { hours } & \text { 4 hours } \\\hline \text { Easy Exam } & 40 & 60 & 80 \\\hline \text { Difficult Exam } & 100 & 50 & 0 \\\hline\end{array}$$
-Referring to Table 17-6, how many possible courses of action are there?

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Definitions:

Sartorius

The sartorius is a long, thin, superficial muscle that runs down the length of the thigh in the human body, known for being the longest muscle.

Thorax Muscle

Refers to the muscles located in the chest region that assist with the breathing process and support upper body movements.

Intercostal

Pertaining to the muscles and nerves situated between the ribs, involved in the mechanics of breathing.

Serratus Anterior

A muscle located on the side of the chest, playing a significant role in the movement of the shoulder blade.