Question
If (apple, 1/2; orange, 1/2) (apple, 1/4; orange, 3/4) (apple, 1/8; orange, 7/8) then the continuity axiom says that the exists a probability p such
If
(apple, 1/2; orange, 1/2) (apple, 1/4; orange, 3/4) (apple, 1/8; orange, 7/8)
then the continuity axiom says that the exists a probability p such that
(apple, 1/4; orange, 3/4) p(apple, 1/2; orange, 1/2) + (1 p)(apple, 1/8; orange, 7/8)
What would the value of p be in this case?
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
