Which of the following is true of a decision tree?
A)It is an ill-defined puzzle used to arrive at a decision amidst uncertainty.
B)It represents decisions,chance events,and possible outcomes in choices under risk and uncertainty.
C)It is based purely on logic and thus fails to provide a visual explanation for the recommended choice.
D)It calculates the risks associated with a decision in chronological order of occurrence.
E)It is typically represented in a simple way and can be solved without complex calculations.

Question

Quizplus · Accepted Answer

A decision tree is a graphical representation of decisions, chance events, and possible outcomes in choices made under risk and uncertainty. It visually displays the options and the possible consequences of choosing each option, allowing decision-makers to evaluate and compare the risks associated with each choice. Therefore, option B is the correct choice. Option A is incorrect because a decision tree provides a well-defined way to arrive at a decision. Option C is incorrect because a decision tree provides a visual explanation of the recommended choice. Option D is incorrect because a decision tree does not typically calculate risks in chronological order. Option E is incorrect because decision trees can involve complex calculations.

Which of the Following Is True of a Decision Tree