Which information condition lies between certainty and uncertainty in making decisions?
A) Risk
B) Coin tossing
C) Problem solving
D) Decision rules
E) Guesswork

Question

Quizplus · Accepted Answer

The condition that lies between certainty and uncertainty is risk. This is because in a risky situation, the outcome cannot be predicted with 100% accuracy, but there is still some information available that can be used to make a calculated decision.

Which Information Condition Lies Between Certainty and Uncertainty in Making