An uncertain future event affecting the consequence associated ...

[moongchi]

An uncertain future event affecting the consequence associated with a decision is known as a
 a. chance event.
  b. decision alternative.
  c. decision node.
  d. payoff.

Question 2

In a(n) ___________ relationship between two quantities, either one quantity never increases as the other increases, or one quantity never decreases as the other increases.
 a. monotonic
  b. random
  c. classified
  d. independent

[lorealeza77]

Answer to Question 1

a
RATIONALE: An uncertain future event affecting the consequence, or payoff, associated with a decision is known as a chance event.

Answer to Question 2

a
RATIONALE: In a monotonic relationship between two quantities, either one quantity never increases as the other increases, or one quantity never decreases as the other increases.

[moongchi]

YES! Correct, THANKS for helping me on my review

[aliotak]

Excellent