Answered: The sum of the probabilities for all…

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Economics

The sum of the probabilities for all the experimental outcomes in a probability distribution must equal 1. True O False

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter2: Mathematics For Microeconomics

Section: Chapter Questions

Problem 2.15P

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The sum of the probabilities for all the experimental outcomes in a probability distribution must equal 1.
True
O False

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