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Which of the following is a mismatched pair?
Payoff Table
A decision-making tool that outlines the possible outcomes and their respective returns or losses for different actions or decisions under consideration.
Sample Information
Data or facts obtained from a subset of a larger population, used for the purpose of statistical analysis or estimation of parameters of the entire population.
Expected Monetary Value
A statistical technique used in decision-making to calculate the average outcome when the future includes scenarios that may or may not happen.
Expected Payoff
Expected Payoff is a term often used in economics and finance to describe the average outcome of a set of uncertain events, considering each possible outcome and its probability.
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