Explain in your own words what an uncertain quantity or, Engineering Mathematics

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Explain in your own words what an uncertain quantity or

Question: 1. Explain why probability is important in decision analysis.

2. Explain in your own words what an uncertain quantity or random variable is. Why is the idea of an uncertain quantity important in decision analysis?

3. You are given the following probability table:

Use the probability table to find the following:

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Engineering Mathematics: Explain in your own words what an uncertain quantity or

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