You are organizing a team outing to Alabama.You have to make a choice between hunting,fishing,and outing at an amusement park.However,you have little idea about the weather in Alabama and its impact on each of these alternatives.The decision making under these circumstances is an example of ________.
A) riskless choice
B) decision making under uncertainty
C) probabilistic decision making
D) risky choice

Question

Quizplus · Accepted Answer

Since there is uncertainty about the weather and its impact on each of the options, the decision-making process falls under decision making under uncertainty. In this scenario, it is best to choose an option that can be adapted to different weather conditions, and an amusement park outing fits this description. Therefore, the best choice would be an outing at an amusement park.

You Are Organizing a Team Outing to Alabama