Author Question: Utility functions are mathematical functions that transform monetary values payoffs and costs into ... (Read 247 times)

armygirl

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Utility functions are mathematical functions that transform monetary values  payoffs and costs  into ____.
 a. expected values
  b. utility values
  c. EMV values
  d. anchor values
  e. none of these choices

Question 2

In a simple linear regression problem, if the standard error of estimate = 15 and n = 8, then the sum of squares for error, SSE, is 1,350.
 a. True
  b. False
   Indicate whether the statement is true or false



JYan

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Answer to Question 1

b

Answer to Question 2

TRUE



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