Which of the following is a goal of decision analysis?
A) Help individuals make good decisions.
B) Ensure decisions lead to good outcomes.
C) Avoiding decisions leading to bad outcomes.
D) Reduce the role of luck in a decision.

Question

Quizplus · Accepted Answer

The primary goal of decision analysis is to help individuals make good decisions by providing a formal framework for identifying, evaluating, and choosing between different options. While other goals such as ensuring good outcomes, avoiding bad outcomes, and reducing the role of luck may be important, they are all ancillary to the primary goal of helping individuals make good decisions.

Which of the Following Is a Goal of Decision Analysis