Which One of the Following Statements Is Not Correct When

Multiple Choice

Which one of the following statements is not correct when making decisions?

A) The sum of the state of nature probabilities must be 1.
B) Every probability must be greater than or equal to 0.
C) All probabilities are assumed to be equal.
D) Probabilities are used to compute expected values.
E) Perfect information assumes that the state of nature that will actually occur is known.