Author Question: To develop a portfolio that provides the best return possible with a minimum risk, the linear ... (Read 82 times)

Shelles

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To develop a portfolio that provides the best return possible with a minimum risk, the linear programming model will have an objective function which
 a. minimizes the maximum risk.
  b. minimizes total risk.
  c. maximizes return and minimizes risk.
  d. maximizes the minimum return.

Question 2

Identify the null and alternative hypotheses for the following problems.
 a. The manager of a restaurant believes that it takes a customer no more than 25 minutes to eat lunch.
  b. Economists have stated that the marginal propensity to consume is at least 90 out of every dollar.
  c. It has been stated that 75 out of every 100 people who go to the movies on Saturday night buy popcorn.



sokh

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Answer to Question 1

D

Answer to Question 2

a. H0:   25
Ha:  > 25
b. H0: p  .9
Ha: p < .9
c. H0: p = .75
Ha: p  .75



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