decision tree problem does not need probabilities or payoffs to generate a solution.

Question

Quizplus · Accepted Answer

To generate a solution using a decision tree, probabilities and payoffs are typically needed. Probabilities are used to assign the likelihood of each possible outcome occurring, while payoffs are used to represent the potential gain or loss associated with each decision and outcome. These factors are then used to calculate the expected value of each decision, which can be used to guide the decision-making process.

Decision Tree Problem Does Not Need Probabilities or Payoffs to Generate