A(n)____ is a diagramming analysis technique used to help select the best course of action in situations in which future outcomes are uncertain.
A)decision tree
B)EMV
C)Monte Carlo analysis
D)watch list

Question

Quizplus · Accepted Answer

A decision tree is a diagramming analysis technique that displays all possible outcomes and their associated probabilities in decision making. It helps in selecting the best course of action in situations where future outcomes are uncertain. Therefore, it is the best choice for the given scenario. EMV and Monte Carlo Analysis are also used for decision making, but they provide different types of information such as expected monetary value and probability distributions, respectively. Watchlist, on the other hand, is not a diagramming analysis technique used for decision making.

A(n)____ Is a Diagramming Analysis Technique Used to Help Select