Which of the Following Statements About Expected Utility Is True

question 26

Multiple Choice

Which of the following statements about expected utility is true?

• A) It does not affect decisions made with expected values.
• B) Used in decision making, it is an objective value, not subjective.
• C) Used in decision making, it can bring huge risk to a small startup with limited resources.
• D) In calculating utility, it assumes the decision will be made thousands of times, making the probabilities more likely on average.

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