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Can anybody help me to calculate 18% from probability index given ( Risk seeker approach)
Thank u ………. Devi
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I think it is: refer to the first table, cost below $36.26—all the probabilities of 0.4 square meters (total: 0.1, i.e.10%) plus the probabiity of 0.5 square meters, just the 25 cuts, i.e. 0.08 (8%), so total is 18%.
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