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Which of the following statements is true about expected value? A. Its used to determine the value of a companys assets. B. It uses the
Which of the following statements is true about expected value?
A. Its used to determine the value of a companys assets.
B. It uses the probability distribution to develop information about where outcomes are unlikely to occur, on average.
C. It focuses on providing information about where outlier or extreme ranges of outcomes may occur.
D. It provides information about where outcomes tend to occur, on average
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