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The Following Questions Use the Information Below

Question 53

Multiple Choice


The following questions use the information below.
A decision maker is faced with two alternatives. The decision maker has determined that she is indifferent between the two alternatives when p = 0.45.
The following questions use the information below. A decision maker is faced with two alternatives. The decision maker has determined that she is indifferent between the two alternatives when p = 0.45. -Refer to Exhibit 14.7. What is the decision maker's certainty equivalent for this problem? A) -$15,000 B) $82,000 C) $56,100 D) $82,000.
-Refer to Exhibit 14.7. What is the decision maker's certainty equivalent for this problem?


A) -$15,000
B) $82,000
C) $56,100
D) $82,000.

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