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In chapter 1 7 of Froeb, the author states: When you're uncertain about the cost or benefits of a decision, assign a simple probability distribution

In chapter 17 of Froeb, the author states: "When you're uncertain about the cost or benefits of a decision, assign a simple probability distribution to the variable and compute expected costs and benefits" (p.228).
For this question, please choose the correct version of the author's commentary on this important subject matter: Risk and Uncertainty.

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