This topic contains a solution. Click here to go to the answer

Author Question: Knowledge can be best described as A) facts, measurements, and statistics. B) an organized ... (Read 51 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
Knowledge can be best described as
 
  A) facts, measurements, and statistics.
  B) an organized collection or set of facts.
  C) facts, measurements, and statistics that are validated.
  D) organized facts set in context and actionable.

Question 2

Which of the following statements about expected utility is true?
 
  A) It does not affect decisions made with expected values.
  B) Used in decision making, it is an objective value, not subjective.
  C) Used in decision making, it can bring huge risk to a small startup with limited resources.
  D) In calculating utility, it assumes the decision will be made thousands of times, making the probabilities more likely on average.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

D

Answer to Question 2

C




Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jul 7, 2018
:D TYSM


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library