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    Exam 21: Extension 5: Decision Theory
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    If Yes and No Are Equally Likely, Which Alternative Has
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If Yes and No Are Equally Likely, Which Alternative Has

Question 19

Question 19

Multiple Choice

If yes and no are equally likely, which alternative has the largest expected monetary value?


A) small
B) Medium
C) med.-large
D) large
E) ex-large

Correct Answer:

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