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    In Probability Theory, the __________ Is the Payoff or Profit
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In Probability Theory, the __________ Is the Payoff or Profit

Question 23

Question 23

Multiple Choice

In probability theory, the __________ is the payoff or profit from each combination of alternatives and outcomes.


A) expected value
B) anticipated return
C) projected benefit
D) calculated premium

Correct Answer:

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