If you have 3 choices, with the exp ( scaled net utility) being: 1.25 , 2.75 ,1.125 , for choice 1 , choice 2 and choice 3 respectively. There is a "no choice" option. The probability of customer will make no choice is: a. 16% b. 18 % c. 20% d. None of these answer

If you have 3 choices, with the exp ( scaled net utility) being: 1.25 , 2.75 ,1.125 , for choice 1 , choice 2 and choice 3 respectively. There is a "no choice" option. The probability of customer will make no choice is: a. 16% b. 18 % c. 20% d. None of these answer

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.1: Percents And Fractions

Problem 34E

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Question

a. 16%

b. 18 %

c. 20%

d. None of these answer

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