The goal of decision analysis is to:
A)always get the best possible outcome.
B)make good decisions that guarantee the best outcome.
C)use probabilistic criteria.
D)make good decisions that in the long run increase the number of good outcomes.

Question

Quizplus · Accepted Answer

Decision analysis aims to make informed decisions that improve the likelihood of favorable outcomes over time, rather than guaranteeing the best outcome every time.

The Goal of Decision Analysis Is To