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1-In the formula for bayes theorem, if the w-probability is greater than zero th

ID: 1187733 • Letter: 1

Question

1-In the formula for bayes theorem, if the w-probability is greater than zero then the a-probability is less than the b-probability? True/false

2- Posted offer markets with atleast two sellers will generate prices that remain a little above prices from double auction markets? True/false

3- If losers pay winners in a sealed bid auction, then they will eventually be willing to bid up to 50 percent more than the winning prize. True/false

4- Adjusting the concentration of sweet versus sour enabled rats to have a large negative income effect for sour water. TRUE/FALSE.

Explanation / Answer

true

true

false

true