In connection with chapter question 2, answer the following questions. a. What probability would you assign to
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In connection with chapter question 2, answer the following questions.
a. What probability would you assign to Jack being an engineer if the question instead stated that the room with lawyers has 70 lawyers and the room with engineers contains 30 engineers?
b. In your opinion, what proportion of engineers match Jack’s description?
c. In your opinion, what proportion of lawyers match Jack’s description?
d. Did you ask these questions of yourself when answering question 2, yes or no?
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Behavioral Corporate Finance Concepts And Cases For Teaching Behavioral Finance
ISBN: 9781259277207
2nd Edition
Authors: Hersh Shefrin
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