Which of the following would make decision trees an especially attractive decision-making tool? The need to minimize expected regret. The need to think through a possible sequence of decisions. The need to minimize costs for a single decision The need to avoid suboptimization. The need to maximize the expected value of perfect information.

Question

Social Studies

Cloe Hooper

4 January, 08:30

Which of the following would make decision trees an especially attractive decision-making tool? The need to minimize expected regret. The need to think through a possible sequence of decisions. The need to minimize costs for a single decision The need to avoid suboptimization. The need to maximize the expected value of perfect information.

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Answers (1)

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Adelaide Moody · Answer 1

"The need to think through a possible sequence of decisions" would make decision trees an especially attractive decision-making tool.

Answer: Option B

Explanation:

The decision tree is an especially attractive decision-making tool which is used to make decisions by coming up with possible sequences and outcomes. This is a way of thinking, and assuming the possible decision sequences and the outcomes if a particular decision is being made. It is called a decision tree due to its branches which stretches like a tree. It is used to determine the possible outcomes in different situations.