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Author Question: A(n) ____________________ experiment is like a binomial experiment except it contains two or more ... (Read 36 times)

darbym82

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on: Jun 24, 2018
A(n) ___________________ _ experiment is like a binomial experiment except it contains two or more categories.
 Fill in the blank(s) with correct word

Question 2

The expected monetary value (EMV) of a decision alternative is the sum of the products of the payoffs and the state of nature probabilities.
  Indicate whether the statement is true or false


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akudia

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Reply #1 on: Jun 24, 2018
Answer to Question 1

multinomial

Answer to Question 2

T


darbym82

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

bitingbit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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