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sslong79 sslong79
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Posts: 520
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6 years ago
Bayes' theorem is a descriptive procedure for revising probability estimates.
 
  Indicate whether the statement is true or false

Question 2

Buying insurance is an example of risky decision making.
 
  Indicate whether the statement is true or false

Question 3

Gambling behavior can be predicted based on expected value.
 
  Indicate whether the statement is true or false

Question 4

Expected value is the average value of the expected outcomes.
 
  Indicate whether the statement is true or false
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ydyd
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6 years ago
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sslong79 Author
wrote...
6 years ago
Thanks a whole bunch, all were right.
yd
wrote...
6 years ago
Thanks for confirming...
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