2. Assess your own utilities for the decision problem discussed in this section. Is there a probability
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2. Assess your own utilities for the decision problem discussed in this section. Is there a probability for rain, r, above which maximization of expected utility suggests taking an umbrella, and below which not? If so, what is that probability? Would you, in fact, choose to take an umbrella if your probability were above that critical value, and not take an umbrella if it were below? Why or why not?
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