_______________________ is a diagram that assists the decision maker in analyzing a decision problem.
A)Bayes' Theorem
B)A decision tree
C)A utility curve
D)Maximax

Question

Quizplus · Accepted Answer

A decision tree is specifically designed to help decision makers analyze a decision problem. It lays out all the possible decisions and their potential outcomes in a tree-like structure, making it easier for the decision maker to visualize the potential consequences of each decision. Bayes' Theorem, a utility curve, and Maximax are all tools that can be used in decision analysis, but they are not specifically designed as diagrams to assist in the analysis of a decision problem.

_______________________ Is a Diagram That Assists the Decision Maker in Analyzing