As a business analytics graduate student at Lewis University, you plan to invest in the stock market.
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Question:
As a business analytics graduate student at Lewis University, you plan to invest in the stock market. You have an option to invest in three different stocks: NASDAQ, NYSE, and Dow Jones. There are two situations for each case: good (optimist) and bad (pessimist) situations as follows you can make a profit or lose your money. What would be your decision if you used equal likelihood decision (LaPlace) criteria?
NYSE and Dow Jones
Dow Jones
NYSE
NASDAQ
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