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  2. Topic
    Business
  3. Study Set
    Management and Cost Accounting
  4. Exam
    Exam 12: Decision-Making Under Conditions of Risk and Uncertainty
  5. Question
    The Most Likely Outcome Represents
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The Most Likely Outcome Represents

Question 7

Question 7

Multiple Choice

The most likely outcome represents:


A) the expected value.
B) the actual outcome.
C) the average outcome that is expected to occur.
D) the outcome with the highest probability.

Correct Answer:

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