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    Managerial Economics Study Set 5
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    Exam 13: The Value of Information
  5. Question
    If Pr(a) =
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If Pr(a) =

Question 2

Question 2

Multiple Choice

If Pr(a) = .4, Pr(b) = .3, and Pr(b|a) = .5, then Pr(a&b) is:


A) .35.
B) .5.
C) .2.
D) .6.
E) .14.

Correct Answer:

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