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Write a research that requires a decision making with probabilities.

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Write a research that requires a decision making with probabilities?

  • Research statistical data in a business context that requires a decision. Use probability concepts to formulate a decision.
  • Write a 700- to 1,050-word paper, explaining your research methods and process for limiting the uncertainty in the decision. Explain the following:
  • Include how you applied concepts to formulate your decision
  • Include appropriate probability concepts and your application to find resulting data to limit uncertainty in this decision.
  • Identify each outcome from your statistical analysis, providing rationale for each.
  • Identify tradeoffs between accuracy and precision required by various probability concepts and the effect on your data.
  • Include the decision you made based on statistical data.

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Shaun Hamilton

Terrible attachment never popped up

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