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Question 47

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Use the following to answer questions: Use the following to answer questions:   -(Table: Choice with Uncertainty)  Look at the table Choice with Uncertainty. Suppose that the probability that the sitcom does not make it to television is 60%, the probability that it makes it to television but is not the most viewed show in its time slot is 30%, and that the probability that it makes it to television and is the most viewed show in its time slot is 10%. Norman's expected total utility is _____ utils. A)  2,000 B)  2,150 C)  2,350 D)  2,650
-(Table: Choice with Uncertainty) Look at the table Choice with Uncertainty. Suppose that the probability that the sitcom does not make it to television is 60%, the probability that it makes it to television but is not the most viewed show in its time slot is 30%, and that the probability that it makes it to television and is the most viewed show in its time slot is 10%. Norman's expected total utility is _____ utils.


A) 2,000
B) 2,150
C) 2,350
D) 2,650

Correct Answer:

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