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Number of white balls = 35 Let x be the number of black balls. Total number of balls in the bag = 35 + x Also, the probability of drawing a black ball from the bag is 1.8 times that of drawing a white ball. ⇒ x/(35 + x) = 1.8[35/(35 + x)] ⇒ x = 1.8 × 35 = 63 Hence, the number of black balls in the bag = 63
Which of the following best describes the normative model of decision making?
The bounded rationality model can be used in the following situations except when __________
In a democratic decision-making style, the decision is based on inputs from _____
Which of the following decision theory is concerned with how people actually make decision?
Which of the following is not a group decision making technique?
Which of the following is not a characteristic of decision making?
Which of the following is not a feature of a strategic decision?
In the decision-making process, which of the following is the most essential element required?
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
________ decision theory is concerned with how people actually make decision.
