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Gross Profits
The following payoff table shows gross profits (in $1000)associated with a set of 3 acts under 2 possible states of nature.
-{Gross Profits Narrative} If the probability of s1 is 0.2 and s2 is 0.8,then the expected monetary value (EMV)of a1 is ____________________.
Micro-influencer
An individual with a smaller but highly engaged following on social media platforms, known for niche expertise or content.
Specific Focus
The act of concentrating efforts and resources on a particular area or subject to achieve goals or results more efficiently.
Community
A place where a group of people with similar interests come together online.
Psychographics
A way to categorize audiences based on their attitudes, opinions, and values.
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