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In the Above Decision Tree,Peter Picks First and Anita Picks

Question 123

Multiple Choice

  In the above decision tree,Peter picks first and Anita picks second.Peter and Anita both know the payoffs to each choice for both themselves and each other. -Which of the following problems would NOT require decision-tree analysis? A)  A free-agent NHL player negotiating a new contract. B)  A manager of a rural,isolated gas station considering a price cut. C)  A couple deciding between his job offer in Saskatoon and hers in Fredericton. D)  Choosing a university to attend and a major to pursue. E)  Negotiating the price of a new car. In the above decision tree,Peter picks first and Anita picks second.Peter and Anita both know the payoffs to each choice for both themselves and each other.
-Which of the following problems would NOT require decision-tree analysis?


A) A free-agent NHL player negotiating a new contract.
B) A manager of a rural,isolated gas station considering a price cut.
C) A couple deciding between his job offer in Saskatoon and hers in Fredericton.
D) Choosing a university to attend and a major to pursue.
E) Negotiating the price of a new car.

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