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Problem on the business interests

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Reference no: EM131805206

Question: Choose a specific decision problem related to your business interests that depend on two uncertain events.

a. Select reasonable initial values for three probabilities.

b. Complete a probability tree.

c. Report two relevant probabilities and two relevant conditional probabilities, and interpret each one. d. Write a paragraph discussing what you have learned about your decision problem from this project.

Reference no: EM131805206

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