Explain the concept of the expected-value decision rule

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Explain the concept of the expected-value decision rule. In your discussion, review how the expected-value decision rule played a part in a recent decision you made.

Your response should consist of no less than 200 words.

Reference no: EM131145901

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Explain the concept of the expected-value decision rule : Explain the concept of the expected-value decision rule. In your discussion, review how the expected-value decision rule played a part in a recent decision you made.

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