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Video Business a High School Student,who Started Doing Videos as a as a Hobby,is

Question 64

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Video Business
A high school student,who started doing videos as a hobby,is considering going into the videography business.The anticipated payoff table is: Video Business A high school student,who started doing videos as a hobby,is considering going into the videography business.The anticipated payoff table is: The following prior probabilities are assigned to the states of nature: P(poor)= 0.4,P(fair)= 0.4,and P(super)= 0.2. ​ ​ -{Video Business Narrative} Convert the payoff table to an opportunity loss table. The following prior probabilities are assigned to the states of nature: P(poor)= 0.4,P(fair)= 0.4,and P(super)= 0.2. ​ ​
-{Video Business Narrative} Convert the payoff table to an opportunity loss table.

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