[Answered] Expected value is the average value of the expected outcomes. Indicate whether the statement is ...

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Author Question: Expected value is the average value of the expected outcomes. Indicate whether the statement is ... (Read 58 times)

mydiamond

Hero Member
Posts: 804

on: Jun 20, 2018

Expected value is the average value of the expected outcomes.

Indicate whether the statement is true or false

Question 2

A normative procedure for combining probabilities and values is called a decision frame.

Indicate whether the statement is true or false

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recede

Sr. Member
Posts: 315

Reply #1 on: Jun 20, 2018

Answer to Question 1

T

Answer to Question 2

F

mydiamond

Member
Posts: 804

Reply 2 on: Jun 20, 2018

Thanks for the timely response, appreciate it

daiying98

Member
Posts: 354

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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