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    Statistics for Business and Economics Study Set 2
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    Exam 21: Decision Analysis on Website
  5. Question
    The Result Obtained When a Decision Alternative Is Chosen and a Chance
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The Result Obtained When a Decision Alternative Is Chosen and a Chance

Question 5

Question 5

Multiple Choice

The result obtained when a decision alternative is chosen and a chance event occurs is known as


A) happenstance
B) consequence
C) alternative probability
D) conditional probability

Correct Answer:

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