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- Which is larger, Ws or Wq? Explain.1. Which of the following Risk Management Processes covers the determination of the likelihood and consequence of risks identified on the effective and efficient pursuit of business activities? Group of answer choices Risk mitigation and avoidance Risk monitoring None of the choices Risk identification Risk qualification and prioritizationProfessor Ahmad of Oasis University gave an engineering case study to his class to analyze and comment. It is a famous case that many universities use in engineering education. Omar, who is a student of Professor Ahmad's class found a website that contains analysis done by many students of Western University. Omar told his close friends Jameel and Khalid what he found. They selected three different analyses. That means each one got a well- written and ready-made answer. Omar directly copied from what he selected. He did not even indicate the website as a source of reference in his submission. Jameel did not directly copy from the one he selected. He rephrased some of the sentences. He also indicated the website as a source of reference in his submission. Although Khalid studied the sample he selected and some others samples available on that website, he wrote the analysis on his own. He also indicated the website as a source of reference. Professor Ahmad's action is academically Select…
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- Calculate: a. Expected value of perfect information b. Minimax regret valueA work team is looking at a current product in the LUML catalog --- the L555X fixture. The L555X was introduced about 2 years ago; is a pretty good seller; seems to meet customer needs (virtually no complaints and few returns); and should be in production for several more years. No major changes in capability are planned. However, LUML is interested in improving the profits from the product. Marketing opines that the L555X is fairly priced given the competition and L555X’s capabilities. One option to try to increase profits is to raise the price (revenue) while holding the production expenses constant. Marketing believes that the L555X has a typical demand curve; and an increase in price will lead to a decrease in sales volume and lower overall revenue. On January 13, the team analyzed the current design and identified 63 parts in the L555X. On January 27 and 28, the team met with the industrial engineering department. Together they were able to identify 108 interfaces in the L555X.…1. What is the most the real estate investor would be willing to pay for additional information? Use Minimum Expected Regret (Minimum EOL) 2. Use the alternative method to verify EVPI
- Pls help What would the correlogram (ac/pac) look like for both, (i) the ARMA model, and, (ii) the ARIMA model?SYSTEM IDENTIFICATION 15- The concept of "whether the parameters of a model set can be uniquely determined from the predictor filters or not" is called: A. identifiability B. stability C. prediction D. differentiability E. observability ANSWER and write the reason? aWhat is the difference between a smooth and layered VES model?