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Should probabilities always be given as percentages?

+1 vote
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asked May 13 in BUS 1003H - Introduction to Financial Risk by anonymous

In tests should probabilities be given as percentages or as decimals?

1 Answer

+1 vote
answered May 14 by Tae (280 points)
edited May 14 by Tae

Yes

If you give it as a whole number e.g. i=7.1845 then it means 718.45% which is probably not what you meant but that is what you are implying by giving i as a whole number and not a decimal/percentage.

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