Which decision model incorporates the uncertainty element?
A) predictive
B) normative
C) prescriptive
D) descriptive

Question

Quizplus · Accepted Answer

The predictive decision model incorporates the uncertainty element as it seeks to predict future outcomes based on past data and current trends. It involves making assumptions about the future and can account for factors that may affect the outcome. The other decision models may not necessarily consider uncertainty as a key element in decision-making.

Which Decision Model Incorporates the Uncertainty Element