How many of the following statements are true?
I. The five Rules of Actional Thought only apply to situations where there is money or to business decisions, but they do not apply to medical decisions.
I I. The five Rules of Actional Thought are normative, and they describe how you should make a decision, not how people actually make decisions. Therefore, they should not be used in real world decisions.
III. The inclusion of additional prospects requires again eliciting all of the preference probabilities from the decision maker.
a. 0 c. 2
b. 1 d. 3
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