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Download full textJack, Brady Michael; Hung, Kuan-Ming; Liu, Chia Ju; Chiu, Houn Lin – Online Submission, 2009
This paper introduces a utilitarian confidence testing statistic called Risk Inclination Model (RIM) which indexes all possible confidence wagering combinations within the confines of a defined symmetrically point-balanced test environment. This paper presents the theoretical underpinnings, a formal derivation, a hypothetical application, and…
Descriptors: Confidence Testing, Models, Knowledge Level, Risk
