________ is a situation in which a decision maker cannot make reasonable probability estimates.
A) Necessity
B) Risk
C) Uncertainty
D) Certitude

Question

Quizplus · Accepted Answer

Uncertainty is a situation in which a decision maker cannot make reasonable probability estimates. This is different from risk, which involves known probabilities, and certitude, which involves a known outcome. Necessity is not related to decision making under uncertainty.

________ Is a Situation in Which a Decision Maker Cannot