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    Statistics for Business and Economics Study Set 2
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    Exam 21: Decision Analysis on Website
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    Future Events That Cannot Be Controlled by the Decision Maker
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Future Events That Cannot Be Controlled by the Decision Maker

Question 54

Question 54

Multiple Choice

Future events that cannot be controlled by the decision maker are called


A) indicators
B) states of nature
C) prior probabilities
D) posterior probabilities

Correct Answer:

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