Question

OPERATIONS AT CONLEY FISHERIES, INC Clint Conley, president of Conley Fisheries, Inc., operates a fleet of fifty cod fishing

Clint is anxious to define his strategy and calculate the utilities that entails choose the port of Gloucenter or Rockport, and for this, simulated the following 1,000 days of operation in both ports. Given the above, answer:

1) What is the probability that, on any given day,

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Answer #1

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