A decision maker subjectively assigned the following probabilities to the four outcomes of a random experiment P(E1)=.10 P(E2)=.15 P(E3)=.40 P(E4)=.20, Are these probability assignment valid?
A decision maker subjectively assigned the following probabilities to the four outcomes of a random experiment P(E1)=.10 P(E2)=.15 P(E3)=.40 P(E4)=.20, Are these
probability assignment valid? explain
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