The outcomes of uncontrollable future events that can affect the outcome of a decision are known as
a. alternatives.
b. decision events.
c. payoffs.
d. states of nature.
Question 2
If P(A) = .5 and P(B) = .5, then P(A B) _____.
a. is 0
b. is .25
c. is 1
d. cannot be determined from the information given