Question: Evaluate the statement: The following is a valid probability weighting function. w(p) = p if 0 p < 0.6 0.8 if 0.6 p < 0.8

Evaluate the statement: The following is a valid probability weighting function.
w(p) =
p if 0 p < 0.6 0.8 if 0.6 p < 0.8
1 if 0.8 p 1
A. True
B. False
C. The question contains insufficient information to answer the question.

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