Econ 104 statistical fou Study guides, Class notes & Summaries
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![ECON 104: Statistical Foundations of Econometrics and Data Science MID-TERM EXAM	**SOLUTIONS** IwsTRUCTOR: PROFESSOR AwdREW PiTTOw Duke University 12:05pm-1:15pm, Thursday March 4, 2021.](/docpics/4592174/65da0bf8cbe22_4592174_121_171.jpeg)
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ECON 104: Statistical Foundations of Econometrics and Data Science MID-TERM EXAM	**SOLUTIONS** IwsTRUCTOR: PROFESSOR AwdREW PiTTOw Duke University 12:05pm-1:15pm, Thursday March 4, 2021.
- Exam (elaborations) • 10 pages • 2024
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ECON 104: Statistical Foundations of Econometrics and Data Science 
MID-TERM EXAM	**SOLUTIONS** 
IwsTRUCTOR: PROFESSOR AwdREW PiTTOw 
Duke University 
12:05pm-1:15pm, Thursday March 4, 2021. 
 
ECON 104: Statistical Foundations of Econometrics and Data Science 
MID-TERM EXAM	**SOLUTIONS** 
IwsTRUCTOR: PROFESSOR AwdREW PiTTOw 
Duke University 
12:05pm-1:15pm, Thursday March 4, 2021.
![Chapter 6: Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright](/docpics/5e10e6531881a_631929.jpg)
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Chapter 6: Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
- Exam (elaborations) • 46 pages • 2020
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1. Which of the following is true with regard to a good decision?
a. It ensures that good outcomes will be obtained
b. It accounts for unlucky outcomes
c. It should be independent of the sequencing of uncertainties and decisions
d. It should incorporate all information about uncertainties and alternatives
e. All of these options

2. All problems related to decision making under uncertainty have three common elements:
a. the mean, median, and mode
b. the set of decisions, the cost of each decisio...
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