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:

Quantity

The amount or number of material or immaterial things.

Quality

Pertains to the characteristics or properties of an object or service that determine its perceived value or excellence, often in relation to standards or expectations.

Statement Form

The logical structure of a statement that allows it to be classified based on the arrangement and type of its components.

Open Sentence

A mathematical or logical expression containing one or more variables that can be considered true or false depending on the values of those variables.