6.20 Select the appropriate description for each term on the lefthand side from the list on the...

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6.20 Select the appropriate description for each term on the lefthand side from the list on the right-hand side.

(a) cumulative probability (i) consists of probabilities of incidents over time

(b) expected value (ii) the expected monetary value of a decision

(c) binomial distribution (iii) the probability of one value or a lower one

(d) Poisson distribution (iv) consists of probabilities of successes in trials

(e) EMV (v) represent decisions and outcomes

(f) decision trees (vi) a name for a probability distribution mean

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