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Which of the Following Is a True Statement About Probability

Question 36

Multiple Choice

Which of the following is a true statement about probability theory?


A) It can only be used to make decisions in situations that do not involve risk.
B) It states that groupthink will always result as a product of brainstorming.
C) It requires knowledge of the expected values of each alternative when making a decision.
D) It cannot be applied to real life situations without the use of computer software.

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