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The following table shows the expected value and variance for 5 projects a firm can undertake. Which of the following is (are) correct?
Rule Utilitarianism
A theory in ethics which suggests that the correctness of an action depends on whether it conforms to a set of rules that, if universally followed, would lead to the greatest good for the greatest number.
Storm Warning
A weather alert indicating that a storm, typically severe, is imminent or occurring within a specified area.
Critically Thinking
The process of actively analyzing, assessing, synthesizing, and evaluating information gathered from observation, experience, or communication.
Rawls's Justice Theory
A philosophical framework proposing principles of justice, including the maximin strategy for social and economic inequalities, ensuring the most extensive basic liberties for all.
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