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11. For the car-rental situation described in Problem 3, assume that you researched insurance industry sta- tistics and found out that the probability of a

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11. For the car-rental situation described in Problem 3, assume that you researched insurance industry sta- tistics and found out that the probability of a major accident is 0.05% and that the probability of a fender bender is 0.16%. What is the expected value deci- sion? Would you choose this? Why or why not

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