Question: 2. Based on Chapter 8 # 15 Chris prefers a sled to a harmonica and specifies the following equivalence relations: Sled Sled 0.7 0.2 Book

 2. Based on Chapter 8 # 15 Chris prefers a sled

2. Based on Chapter 8 # 15 Chris prefers a sled to a harmonica and specifies the following equivalence relations: Sled Sled 0.7 0.2 Book ~ Sweater ~ 0.3 0.8 Harmonica - Harmonica Sled Ball ~ 0.85 0.15 Harmonica Copyright 2616 Pears a. What is Chris' preference ordering for the sled, the harmonica, the book, the sweater, and the ball? b. What is Chris' preference probability (the probability of a sled versus a harmonica in a hypothetical deal) that is equivalent to the following deal? 0.25 Book 0.75 Sweater 0.6 0.1 Ball 0.4 0.3 Sled 0.5 Ball 0. 1 Book c. Does Chris prefer a book or the following deal? (Hint: First, express this deal as a probability of a sled versus a harmonica.) 0.2 Ball 0.8 Book 0.3 0.3 Sweater 0.4 Sled

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