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    Basic Business Statistics Study Set 4
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    Exam 17: Decision Making
  5. Question
    ______Is a Procedure for Revising Probabilities Based Upon Additional Information
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______Is a Procedure for Revising Probabilities Based Upon Additional Information

Question 108

Question 108

Multiple Choice

______is a procedure for revising probabilities based upon additional information.


A) Beckman's theorem
B) Bayes' theorem
C) Utility theory
D) Bernoulli's theorem

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