Question: Suppose a platform tries to recommend the best movie ton Ann and Ben. Movie 1's quality is uniformly distributed from 0 ton 1. Movie 2's

Suppose a platform tries to recommend the best movie ton Ann and Ben. Movie 1's quality is uniformly distributed from 0 ton 1. Movie 2's quality is uniformly distributed from 0.5 to 1.

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Suppose the platform recommends a movie to Ann and Ben at then same time. What are the expected quality of movie 1 and 2, andn which one should it recommend?

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a. 0.75, 0.5, movie 1.

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b. 0.5, 1, movie 2.

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c. 0.5, 0.5, movie 1.

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d. 0.5, 0.75, movie 2.

XYZ Ltd. invited applications for public issue of 20, 000 equity shares of Rs.10 each at a premium of Rs.2, payable as under Rs.2 on applications, Rs.3 on allotment, Rs.5 on first call (including premium) and balance on second and final call. Applications were received for 30,000 shares, pro rate allotment was made for 24, 000 applications and the remaining applications were rejected. Vinay, who applied for 4800 shares, failed to pay second call. Consequently his shares were forfeited and re-issued at Rs.6. What amount would be transferred to Capital reserve A/c after the reissue of the forfeited shares?

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