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    Managerial Economics and Strategy Study Set 2
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    Exam 14: Managerial Decision-Making Under Uncertainty
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    If an Event Is Likely to Occur, Which Probability Is
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If an Event Is Likely to Occur, Which Probability Is

Question 72

Question 72

Multiple Choice

If an event is likely to occur, which probability is a reasonable estimate?


A) 0.32
B) 0.79
C) 1
D) Not enough information to determine.

Correct Answer:

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