What options are available to the decision maker if the probabilities of the states of nature are unknown?
1 answer:
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Answer:
4
Step-by-step explanation:
If two variables are proportional then
...(i)
where, k is constant of proportionality.
The given equation is
...(ii)
where,
s = number of cups of seltzer.
c = cups of cranberry juice.
On comparing (i) and (ii), we get
Independent variable:
Dependent variable:
Constant of proportionality:
Therefore, the constant of proportionality is 4.