When making a decision in an environment of ________, the decision maker knows which of the states of nature will actually occur.
A) risk
B) utility
C) certainty
D) uncertainty

Name: When making a decision in an environment of ________, the decision maker knows which of the states of nature will actually occur. A) risk B) utility C) certainty D) uncertainty
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Question

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When making a decision in an environment of certainty, the decision maker knows which of the states of nature will actually occur.

When Making a Decision in an Environment of ________, the Decision