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Author Question: ________ is the expected payout or value of a variable that has different possible states of nature, ... (Read 35 times)

schs14

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on: Dec 3, 2019

Question 1

________ is the criterion for decision making under certainty that assigns equal probability to each state of nature.

Question 2

________ is the expected payout or value of a variable that has different possible states of nature, each with an associated probability.
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Marked as best answer by schs14 on Dec 3, 2019

orangecrush

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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schs14

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Reply 2 on: Dec 3, 2019
Excellent

phuda

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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