Weekly Quiz 5 Solutions PDF

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Questions and answers of weekly in class quizzes. Five questions and five answers from week 1 to week 12....

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13/09/2020

Quiz 5

 Students have either already taken or started taking this quiz, so be careful about eding it. If you chan significant way, you may want to consider regrading students who took the old version of the quiz.

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 Queson Let’s assume that a person has mean-variance preferences with risk aversion parameter alpha. What do we call a per alpha is equal to 0?

Risk-loving Risk-averse nswer

Risk-neutral None of the above

 Queson When elicing a person’s risk aversion level using pairwise comparison, which of the following issues might we encou

Insufficient amount of data (number of choices) Noisy data (high error term in ulity funcon) Model cannot describe data (choices) nswer

All of the above

 Queson The class of computaonal (decision) problems which be verified in polynomial me is called

nswer NP

NP P PN...