A payoff table and a decision tree both show the alternatives,states of nature,and payoffs,but the decision tree also shows the order of events.

Question

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This is correct. A payoff table shows the alternatives and states of nature with corresponding payoffs, but does not show the order of events. A decision tree, on the other hand, shows the alternatives and states of nature, as well as the sequence of events, and their associated payoffs.

A Payoff Table and a Decision Tree Both Show the Alternatives,states