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Author Question: Which of the following tools is used to create decision trees in Excel? a. WhatIf b. Analytic ... (Read 537 times)

xroflmao

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on: Jun 24, 2018
Which of the following tools is used to create decision trees in Excel?
 a. WhatIf
  b. Analytic Solver Platform
  c. GoalSeek
  d. Data Analysis

Question 2

The weighted average of the payoffs for a chance node is known as the
 a. median value.
  b. variance of the node.
  c. risk measure.
  d. expected value.


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ansleighelindsey

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Reply #1 on: Jun 24, 2018
Answer to Question 1

b
RATIONALE: Analytic Solver Platform is used to create decision trees in Excel.

Answer to Question 2

d
RATIONALE: The weighted average of the payoffs for a chance node is known as the expected value.


xroflmao

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Reply #2 on: Jun 24, 2018
Thank you


ansleighelindsey

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Reply #3 on: Jun 24, 2018
No problemo


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