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    Managerial Economics Study Set 6
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    Exam 13: The Value of Information
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    If Pr(a)= 0
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If Pr(a)= 0

Question 27

Question 27

Multiple Choice

If Pr(a) = 0.5 and Pr(b) = 0.3,then the value of Pr(a&b) _____.


A) is equal to 0.8
B) is equal to 0.375
C) is equal to 0.15
D) is equal to 0.2
E) cannot be determined without more information

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