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purchase home which will be marketed by a sealed bid. The findings and insights had been dependant on the usage of the predicted price method when getting into consideration the risk analyses of the chosen suggestions. Comparing the predicted values in equally cases when market place study is employed together with when It's not necessarily used, the optimum determination advised can be that which has the highest anticipated value presented the many states of mother nature (conditions). Tree Diagram (Check with Appendix go to the website A) -------------------------------------------------

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