For a risk averse decision maker, the certainty equivalent is ...

[geodog55]

For a risk averse decision maker, the certainty equivalent is less than the expected monetary value (EMV).
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

In multiple regressions, if the F-ratio is small, the explained variation is small relative to the unexplained variation.
 a. True
  b. False
   Indicate whether the statement is true or false

[lindahyatt42]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[geodog55]

Thanks for the timely response, appreciate it

[ryhom]

TYSM