Chapter 17: Making Decisions with Uncertainty

Chapter 17: Making Decisions with Uncertainty PowerPoint PPT Presentation


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Introduction: Risk . Thinking about riskIdentify the various possible outcomes and the probability of eachEstimate the expected value and compare it to the costEvaluate the risk in light of your portfolioDecide if it is too much risk for you to take based on your level of risk aversion. Expec

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Chapter 17: Making Decisions with Uncertainty

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