A sequence of decisions and chance outcomes that provide the ...

[asmith134]

A sequence of decisions and chance outcomes that provide the optimal solution to a decision problem is called _____.
 a. a payoff table
  b. the expected value approach
  c. a decision strategy
  d. a contingency plan

Question 2

The sum of the probabilities in a transition matrix equals the number of rows in the matrix.
  Indicate whether the statement is true or false

[InfiniteSteez]

Answer to Question 1

c

Answer to Question 2

T

[asmith134]

TYSM

[gcook]

Thanks for the timely response, appreciate it