A matrix whose rows correspond to decisions and whose columns correspond to events is called a ________.
A)payoff table
B)scoring model
C)decision tree model
D)conditional probability table

Question

Quizplus · Accepted Answer

A matrix whose rows correspond to decisions and whose columns correspond to events is called a payoff table. The other options (scoring model, decision tree model, and conditional probability table) are all different types of decision models but do not fit the definition of a matrix with rows corresponding to decisions and columns corresponding to events.

A Matrix Whose Rows Correspond to Decisions and Whose Columns