New information obtained through research or experimentation that enables an updating or revision of the state-of-nature probabi

Question

sp2606 [1]

2 years ago

10

New information obtained through research or experimentation that enables an updating or revision of the state-of-nature probabi

lities is known as
a. expected utility.
b. sample information.
c. joint probability.
d. conditional probability.

Business

1 answer:

fiasKO [112] · Answer 1 · 2023-10-04T17:56:31+03:00

Answer:

The correct answer is b. sample information.

Explanation:

A sample is a part or a portion of a product that allows to know the quality of it. For example: “Yesterday I requested a sample of the new perfume that they advertise on television”, “They have asked me for a sample note for a Mexican magazine”, “I need a sample of fabrics, please”.