PrepAway - Latest Free Exam Questions & Answers

How are the potential choices of risk based decisions are represented in decision tree analysis?

How are the potential choices of risk based decisions are represented in decision tree analysis?

PrepAway - Latest Free Exam Questions & Answers

A.
End node

B.
Root node

C.
Event node

D.
Decision node

Explanation:

The potential choices of risk based decisions are represented in decision tree analysis via.
Decision node, as decision nodes refers to the available choices.
Answer B is incorrect. Root nodes represent the start of a decision tree.
Answer A is incorrect. End nodes are the final outcomes of the entire decision tree framework,
especially in multilayered decision-making situations.

Answer C is incorrect. Event nodes represents the possible uncertain outcomes of the decision,
and not the available choices.


Leave a Reply