Question 1
The last step of the decision-making process is to
◦ develop a model.
◦ pick the best alternative.
◦ check the decision with senior management.
◦ evaluate each alternative.
◦ implement the decision.
Question 2
A square node on a decision tree infers that
◦ there are several alternatives available.
◦ the node splits into various states of nature, of which only one will occur.
◦ the node splits into various states of nature, of which only one will occur, there are several alternatives available and the manager must choose an alternative.
◦ there are several alternatives available and the manager must choose an alternative.
◦ the manager must choose an alternative.
Leopard with kill in tree in South Africa
Glowing Base Of Tree Made By Arranging Leaves
Lymph Node
Phylogenetic tree
Family Tree
Elements of a phylogenetic tree