Uncertainty refers to a situation where:A the outcomes are known but their probabilities are highB the outcomes and their probabilities are knownC neither the outcomes nor their probabilities are knownD states of nature can change at any timeE probabilities of various states of nature can change at any time
Uncertainty refers to a situation where:
A the outcomes are known but their probabilities are high
B the outcomes and their probabilities are known
C neither the outcomes nor their probabilities are known
D states of nature can change at any time
E probabilities of various states of nature can change at any time
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