Chance nodes are
a. nodes provided at the end of the states-of-nature branches.
b. nodes indicating points where an uncertain event will occur.
c. nodes provided at the end of the decision alternative branches where a payoff is shown.
d. nodes indicating points where a decision is made.
Question 2
An intersection or junction point of a decision tree is called a(n)
a. node.
b. stem.
c. intercept.
d. branch.