Which of the following information items is not contained in decision trees?
A) points in time when decisions are made
B) decision alternatives
C) chance event probabilities
D) probability of choosing decision alternatives
E) outcomes, such as estimated profits

Question

Quizplus · Accepted Answer

Decision trees do not contain information on the probability of choosing decision alternatives - this information would fall outside of the decision tree model itself. The other listed information items (points in time when decisions are made, decision alternatives, chance event probabilities, and outcomes) are all typically included in decision trees.

Which of the Following Information Items Is Not Contained in Decision