A Description of the Possible Moves in a Game in Sequence

question 154

Multiple Choice

A description of the possible moves in a game in sequence and the payoffs to each possible combination of moves is called a(n)

• A) decision tree.
• B) payoff matrix.
• C) decision leaf.
• D) multi-period game.
• E) indecision tree.

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Definitions:

Retrieve

To locate and bring back data or information from a storage location or database.

Manipulate

The act of skillfully handling, controlling, or using something, often with the connotation of alteration or influence for a specific purpose.

A Spreadsheet

A digital tool that allows users to organize, analyze, and store data in a tabular form, often featuring calculation, graphing tools, and pivot tables.

Numerical Data

Refers to data that is represented in terms of numbers, which can be quantified and subjected to mathematical operations.