When weighing a decision, you should assume all outcomes have an equal probability of occurring.

Answer the following statement true (T) or false (F)


False

Some outcomes are far more likely than others. Make a rough estimate of the likelihood that an outcome will come to pass, ranging from 100 percent (certainty) to 0 percent (impossibility).

Education

You might also like to view...

Which of the following multimedia formats would be the best to use for students who missed a class but have access to an iPod?

a. animation c. virtual reality b. graphics d. audio

Education

Of the twenty models of teaching, as identified by Joyce, Weil, and Calhoun (2008), ______ falls into the family of teaching called information processing.

a. assertive teaching b. awareness training c. inductive thinking d. group investigation

Education

The introductory material in the interpretive exercise is most effective if it

A. comes directly from the textbook. B. is new to the students. C. places a high demand on reading skill. D. was thoroughly covered in class discussion.

Education

What is the probability of matching any three numbers on the Lotto 6-49 draw? One must choose three of the 6 numbers that are drawn from a possible 49. Numbers are not replaced.

a. 1/49 1/49 1/49 b. 6/49 5/49 4/49 c. 3/49 d. 1/49 + 1/49 + 1/49 e. 1/49 1/48 1/47

Education