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Author Question: Payoff matrix is useful when the decision-making conditions have an element of risk such that the ... (Read 70 times)

meagbuch

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on: Jul 21, 2018

Payoff matrix is useful when the decision-making conditions have an element of risk such
  that the probability of occurrence of each outcome cannot be estimated


 
  Indicate whether the statement is true or false.

Question 2

To use the decision tree, the manager needs to estimate probabilities for each alternative on
  all branches of the tree.


 
  Indicate whether the statement is true or false.


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heyhey123

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Reply #1 on: Jul 21, 2018
Answer to Question 1

F

Answer to Question 2

T


meagbuch

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Reply 2 on: Jul 21, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Wow, this really help

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