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Solve.
-Suppose that a polynomial function is used to model the data shown in the graph below. For what intervals is the function decreasing?
Certainty Effect
The tendency for people to give greater weight to outcomes that are certain, compared to outcomes that are probable, often observed in decision-making under uncertainty.
Definite Outcomes
A term used to describe results or consequences that are clear, predictable, and unambiguous.
Probabilities
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
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