Making a good decision a. requires probabilities for all states ...

[sammy]

Making a good decision
 a. requires probabilities for all states of nature.
  b. requires a clear understanding of decision alternatives, states of nature, and payoffs.
  c. implies that a desirable outcome will occur.
  d. All of the alternatives are true.

Question 2

When a distribution has more values to the left and tails off to the right, it is skewed negatively.
  Indicate whether the statement is true or false

[KKcool]

Answer to Question 1

B

Answer to Question 2

F