Decision trees are particularly useful when
A)perfect information is available.
B)formulating a conditional values table.
C)the opportunity loss table is available.
D)a sequence of decisions must be made.
E)all possible outcomes and alternatives are not known.

Question

Quizplus · Accepted Answer

Decision trees are best used when a sequence of decisions needs to be made. They map out possible decisions and their outcomes, allowing decision makers to visually evaluate the potential risks and rewards of each option.

Decision Trees Are Particularly Useful When