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    Psychology
  3. Study Set
    Cognitive Psychology
  4. Exam
    Exam 10: Reasoning and Decision Making
  5. Question
    Decisions Under Risk Refer to Cases in Which Probabilities of Nature
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Decisions Under Risk Refer to Cases in Which Probabilities of Nature

Question 42

Question 42

True/False

Decisions under risk refer to cases in which probabilities of nature are unknown, while decisions under certainty are made when probabilities are known.

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