A payoff table lists the monetary values (profit or loss)for each possible and each possible _______________.
A) mean and standard deviation
B) decision and utility
C) decision and outcome
D) risk profile and outcome
E) None of these options

Question

Quizplus · Accepted Answer

A payoff table lists the monetary values for each possible decision and outcome. Therefore, option C is the best choice as it correctly pairs decision and outcome.

A Payoff Table Lists the Monetary Values (Profit or Loss)for