Question

10o,
Q1) A bicycle repairman has an opportunity to Purchase a stock of discontinued bicycles. They were originally supposed
to be sold for ₹400 each. The repai-
rman is offered all five bicycles for
₹500 which makes his
cost for each bicycle ₹100 if he sells them he believes, he can get ₹250 for each bicycle, thereby making a profit of ₹150. he has two options.
either to buy all the discontinued bicycle or not to buy at all.
There are six state of nature: these
being the demand for 0, 1, 2, 3, 4
and 5 bicycles
.
i)Prepare the payoff table
for the Problem
ii) If the repairman has the option of buying
any number of bicycles (0to5).
Find the average expected Payoff
and average Expected regret for
each stock option
العليا
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Answer 1

Explanation:

आई वांट तेरा इश्क इश्क जोगिया साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल साइकिल