Which of the following statements is true of decision trees?
A) They are used in measuring the magnitude of the recency syndrome.
B) They are only used when evaluating alternatives in the rational model of decision making.
C) They show expected values of decisions in varying circumstances.
D) They can only be used with the help of decision-making software.

Question

Quizplus · Accepted Answer

Decision trees are a visual tool used to analyze decisions and show the expected values of decisions in varying circumstances. They are not used to measure the magnitude of the recency syndrome or limited to the rational model of decision making. While decision-making software may make it easier to create and analyze decision trees, they can be used without software. Therefore, option C is the correct statement.

Which of the Following Statements Is True of Decision Trees