The Expected Profit Determined from a Decision Tree Is the Weighted

question 3

Multiple Choice

The expected profit determined from a decision tree is the weighted average of all the possible outcomes.The weights represent the:

• A)probability of the outcome.
• B)total cost of production.
• C)number of times the game is repeated.
• D)total number of outcomes.
• E)total number of decision makers involved in the process.

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Definitions:

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