Use the Information Below to Answer the Following Questions)

question 44

Multiple Choice

Use the information below to answer the following questions) . Below is a decision tree illustrating the R&D process for a new drug. Let us assume that if market is large, payoff is lognormally distributed with a mean of $4,900 million and a standard deviation of $1,000 million; if market is medium, payoff is lognormally distributed with a mean of $2,500 million and a standard deviation of $500 million; and if market is small, payoff is normally distributed with a mean of $1,800 million and standard deviation of
$200 million. Let us also assume that the cost of clinical trials is uncertain and estimates are modeled with a triangular distribution with a minimum of -$700 million, a most likely value of -
$550 million, and a maximum of -$500 million. Use 10,000 trials and a random seed of 1.
-What is the probability that the drug will not reach the market? [Hint: Choose the approximate value.]

• A) 0.95
• B) 0.89
• C) 0.77
• D) 0.82

Understand the basic concepts and definitions related to trait theories of personality, including the distinction between surface and source traits.

Recognize the contributions of Gordon Allport to the domain of personality psychology.

Comprehend the basis and criticisms of the five-factor model of personality.

Define what a trait is and understand its significance in personality psychology.

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Definitions:

Irregular Breathing

Breathing that varies in pattern and rhythm, which can be an indicator of health issues or distress.

Drowsiness

A state of feeling unusually sleepy or ready to fall asleep.

Massage

A therapeutic technique involving the manipulation of body tissues to relieve tension and promote relaxation.

Development

The progressive changes in size, shape, and function during the life of an organism, often implying physical, emotional, and cognitive growth.