Question 12 Studies have shown that the sum of the probabilities of a binary partition of an event (for example, (a) win
Posted: Fri Jun 10, 2022 11:19 am
Question 12
Studies have shown that the sum of the probabilities of a binary partition of an event (for example, (a) winning less than $5000, (b) winning $5000 or more) is near 1, but when one of the partitions is further partitioned (for example, (a) winning less than $5000, (b) winning $5000-$7000, (c) winning $7000-$9000, (d) winning $9000-$10000, (e) winning $10000 or more), then the sum of the probabilities
is significantly greater than 1
is even closer to 1
is significantly less than 1
Studies have shown that the sum of the probabilities of a binary partition of an event (for example, (a) winning less than $5000, (b) winning $5000 or more) is near 1, but when one of the partitions is further partitioned (for example, (a) winning less than $5000, (b) winning $5000-$7000, (c) winning $7000-$9000, (d) winning $9000-$10000, (e) winning $10000 or more), then the sum of the probabilities
is significantly greater than 1
is even closer to 1
is significantly less than 1