A decision maker should use subjective probability rather than objective probability Group of answer choices if solid data describing the frequencies of various outcomes are available. if available data are unlikely to describe the circumstances. if one of the outcomes is very desirable. if she is very enthusiastic about a project.

Formulate the indicated conclusion in nontechnical terms. be sure to address the original claim. the foundation chair for a hospital claims that the mean number of filled overnight beds is over 523, and she is therefore justified starting a funding campaign to add a wing to the hospital. assuming that a hypothesis test has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.