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    Spreadsheet Modeling and Decision Analysis
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    Exam 14: Decision Analysis
  5. Question
    How Are States of Nature Assigned Probabilities
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How Are States of Nature Assigned Probabilities

Question 51

Question 51

Multiple Choice

How are states of nature assigned probabilities?


A) Use historical data.
B) Use best judgements.
C) Use interview results.
D) All of these.

Correct Answer:

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