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Author Question: A small herb garden is 5 1/4 feet by 5 1/3 feet. If there are 9 square feet in 1 square yard, ... (Read 761 times)

yoooooman

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on: Jun 24, 2018
A small herb garden is 5 1/4 feet by 5 1/3 feet. If there are 9 square feet in 1 square yard, compute the number of square yards that are in the herb garden.

Question 2

The parameter R in an exponential utility function represents
 a. the decision maker's risk tolerance. b. the utility function's error tolerance.
  c. the posterior probability. d. the likely profit/loss from the investment.


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debra928

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Reply #1 on: Jun 24, 2018
Answer to Question 1

5 1/4  5 1/3 = 21/4  16/3 = 28 square feet;
28 9 = 3 1/9 square yards

Answer to Question 2

a
RATIONALE: The parameter R in an exponential utility function represents the decision maker's risk tolerance.


yoooooman

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

xoxo123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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