The likelihood of a desirable outcome is its _______________.
A) value
B) expected utility
C) probability
D) contingency
Correct Answer:
Verified
Q3: In decision making,a(n)_ is our estimate of
Q4: Variance preferences are also known as _.
A)wagering
Q5: _,_,and _ are known as the ABC's
Q6: A _ is based on the value
Q7: You have $1000 to invest.You invest the
Q9: _ theories of decision making tell us
Q10: The _ pattern typical of selling price
Q11: Individual differences and circumstances influence _.
A)actual utility
B)social
Q12: Consequences consist of _,_,and _.
A)cost,benefits,efficacy
B)outcomes,value,utility
C)rewards,punishments,additional options
D)effort,expectations,usefulness
Q13: Our evaluation of consequences is influenced by
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