Author Question: For a risk averse decision maker, the certainty equivalent is less than the expected monetary value ... (Read 152 times)

geodog55 · **on:** Jun 24, 2018

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