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Lilit [14]
3 years ago
13

The difference in Decision Making Under Risk and decision making under uncertainty is that under risk, we think we know the prob

abilities of the states of nature, while under uncertainty we do not know the probabilities of the states of nature. True False
Social Studies
1 answer:
nignag [31]3 years ago
7 0

Answer:

True

Explanation:

<u>Decision making under certainty: </u>

It is the decision, maker known with reasonable certainty what the alternative and outcomes of each alternative, and outcomes of each alternative. Under the condition of certainty, accurate, measurable, and reliable information on that to base the decision is available.  

<u>Decision making under risk: </u>

When a manager lacks perfect information or wherever an information asymmetry exists, the risk arises, Under a state of risk decision-maker has incomplete information about available alternatives but has a good idea of the probable outcomes of each alternative.

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Which best describes the results of a case study? a) It produces more reliable results than other methods because of its depth b
Drupady [299]

Answer:

B). Its results are not generally applicable.

Explanation:

A case study is described as the research plan or an experimental investigation that primarily intends to observe or examine a phenomenon, individual, or a group(as representatives) within its authentic context to make generalized deductions or conclusions.

As per the question, option B best describes the outcomes of a case study. The description of 'its results are not generally applicable' reflects that the research could not lead to producing a generalized conclusion that can represent the other associated units intensively. Thus, <u>option B</u> is the correct answer.

8 0
3 years ago
Would it be possible to have a socialist direct democracy? Why or why not?
Gwar [14]
Yes, if everyone voted on economic decisions rather than letting markets decide them, then it could be considered a socialist direct democracy

Direct democracy : a condition in which the people are directly involved in the Governance
Socialist : a condition in which a country's resource are controlled by social community and also for their own benefit

hope this helps 
4 0
3 years ago
Native Americans who lived in communal societies did not value personal wealth but rather: Group of answer choices scientific in
gavmur [86]

Answer:

The correct answer is letter "B": community and personal valor.

Explanation:

Native Americans is a term referred to the tribes living in what today is the U.S. and Canada before English settlers invaded the continent and occupied their territories mostly by force thanks to the use of firearms. When it comes to religion and values, different native American tribes had different beliefs but all of them had in common the importance of keeping their lands for their communities' wellness.

<em>Native Americans placed especial value in equality and acceptance of all people. They did not use to value each other for what they had but for what they were.</em>

6 0
3 years ago
Which provinces has the least number of industries how can it be developed​
Alina [70]

Answer:

Karnali Province

Explanation:

Karnali Province is the province in nepal that has least number of industries. The geography and climatic conditions of the Karnali province is the main reason for the decrease in the number of industries. The geography of Karnali province is consist of hilly mountains where industries can't be build. More number of industries can be installed by investing a lot of money as well as prvides facilities to its people so that increase occur in the population.

7 0
3 years ago
What type of an industry is
Margaret [11]

Answer:

1. chemical industry is the industry that includes companies or machines to produce chemicals.

2. the industry that works on producing various types of cements is cement industry

3. the industry that produces substances which supplies the required chemicals for plant growth is fertilizing industry.

3 0
3 years ago
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