________ is the criterion for decision making under uncertainty that assigns equal probability to each state of nature

Fill in the blanks with correct word

Equally likely

Business

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A merchant middleman who is engaged primarily in selling to ultimate consumers is referred to as broker

Indicate whether the statement is true or false

Business

Regression analysis is concerned with the nature and degree of association between variables and does not imply or assume any causality

Indicate whether the statement is true or false

Business