In Exercise 19.12, there is a 0.1 chance that a train will be using the railroad crossing.
Question:
In Exercise 19.12, there is a 0.1 chance that a train will be using the railroad crossing. Given this information, which route should Fred select, and what is the expected number of minutes his trip will require? What is the expected number of minutes Fred would save if he could predict with certainty whether a train will be at the crossing?
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Recall the payoff table from exercise 1912 The probabilities have been included Shorter trav...View the full answer
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