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

Question

Quizplus · Accepted Answer

A decision tree is specifically designed to assist the decision maker in analyzing a decision problem by laying out all possible options and their potential outcomes in a logical, easy-to-understand format. Bayes Theorem is a statistical formula used for updating probabilities based on new information. Utility curve and Maximax are decision-making criteria used in decision analysis.

_______________________ Is a Diagram That Assists the Decision Maker in Analyzing