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I Believe That There Is An 80%80 \% Chance That I Will Get the Promotion

Question 10

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I believe that there is an 80%80 \% chance that I will get the promotion. The day before my supervisor tells me that he has "valuable" information about the chance that I get promoted. He tells me that there is an 80%80 \% chance that I will get the promotion. My supervisor's forecast was valuable because it contained new information.

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