Your Friend Dimitre Tells You That He Thinks That His

question 34

Multiple Choice

Your friend Dimitre tells you that he thinks that his favorite basketball team has a 70% chance of winning the next game.This is an example of a(n)

• A) objective probability.
• B) subjective probability.
• C) risk-averse statement.
• D) of Friedman-Savage preferences.

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Definitions:

Original Works

Creations that result from an individual's creativity or intellectual endeavor, which are protected by copyright law.

Trade Symbols

Symbols, logos, or other marks used by a company or organization to identify their goods or services as distinct from those of others.

Certification Mark

A symbol, logo, or words that a certifying authority applies to products or services to indicate that they meet certain standards.

America Invents Act

A significant reform to the United States patent system, implemented in 2011, aimed at streamlining the patent process and adopting a "first-to-file" system.