[Answered] The mean is a measure of variability. Indicate whether the statement is true or ...

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JMatthes

Hero Member
Posts: 578

on: Jun 24, 2018

The mean is a measure of variability.
Indicate whether the statement is true or false

Question 2

For a decision alternative, the weighted average of the payoffs is known as _____.
a. the expected value of perfect information
b. the expected value
c. the expected probability
d. perfect information

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Marked as best answer by a Subject Expert

adf223

Sr. Member
Posts: 304

Reply #1 on: Jun 24, 2018

Answer to Question 1

F

Answer to Question 2

b

JMatthes

Hero Member
Posts: 578

Reply #2 on: Jun 24, 2018

Thank you

adf223

Sr. Member
Posts: 304

Reply #3 on: Jun 24, 2018

Happy to help you

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