Podcast
Questions and Answers
What is the main decision the author is trying to make?
What is the main decision the author is trying to make?
- Whether to take a loan or borrow from friends
- Whether to get a job or open a furniture shop (correct)
- Whether to open a furniture shop or close it
- Whether to invest in the stock market or real estate
What is the basis of the author's decision?
What is the basis of the author's decision?
- Expected value of each option (correct)
- Personal preference
- Risk tolerance
- Availability of resources
What is the result of the author's decision analysis?
What is the result of the author's decision analysis?
- The expected value of the shop is higher than the job (correct)
- The expected value of the job is higher than the shop
- The expected values of both options are equal
- The author is unable to make a decision
What type of decision-making technique is implied in the text?
What type of decision-making technique is implied in the text?
What is the author's ultimate goal?
What is the author's ultimate goal?
What is the main objective of the author?
What is the main objective of the author?
What is the author's preferred option?
What is the author's preferred option?
How did the author compare the options?
How did the author compare the options?
What is the consequence of the author's decision?
What is the consequence of the author's decision?
What is the key factor that influenced the author's decision?
What is the key factor that influenced the author's decision?
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