QMweek2quiz2

# QMweek2quiz2 - Question 1 0 out of 2 points Seventy two...

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Question 1 0 out of 2 points Seventy two percent of all observations fall within 1 standard deviation of the mean if the data is normally distributed. Answer Selected Answer: Correct Answer: Question 2 2 out of 2 points Probability trees are used only to compute conditional probabilities. Answer Selected Answer: Correct Answer: Question 3 0 out of 2 points If two events are not mutually exclusive, then P(A or B) = P(A) + P(B) Answer Selected Answer: Correct Answer:

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Question 4 2 out of 2 points The Hurwicz criterion is a compromise between the minimax and minimin criteria. Answer Selected Answer: Correct Answer: Question 5 2 out of 2 points The minimax regret criterion maximizes the minimum regret. Answer Selected Answer: Correct Answer: Question 6 2 out of 2 points The Hurwicz criterion is a compromise between the maximax and maximin criteria. Answer Selected Answer: Correct Answer: Question 7 2 out of 2 points

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QMweek2quiz2 - Question 1 0 out of 2 points Seventy two...

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