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    Business Statistics in Practice Study Set 1
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    Exam 19: Decision Theory
  5. Question
    A Person's Utility Is Determined by the Preferences He/she Exhibits
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A Person's Utility Is Determined by the Preferences He/she Exhibits

Question 26

Question 26

Multiple Choice

A person's utility is determined by the preferences he/she exhibits for decision choices involving __________.


A) Certainty
B) Uncertainty
C) Risk
D) Bayes' Theorem

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