There Are Three Types of Nodes That Are Used with the Decision

question 77

Multiple Choice

There are three types of nodes that are used with the decision trees.They are the

• A)mean nodes,variance nodes,and the standard deviation nodes.
• B)probability nodes,risk nodes,and the expected value nodes.
• C)supply nodes,demand nodes,and the expected value nodes.
• D)decision nodes,probability nodes,and end nodes.

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Definitions:

Representative Democracy

A system of government where citizens elect representatives to make decisions and enact laws on their behalf.

Balanced Budget Amendment

A proposed amendment to the U.S. Constitution requiring that the federal government not spend more than its income.

Shortsightedness Effect

A situation where decision-makers prioritize immediate benefits over long-term gains, potentially leading to suboptimal outcomes.

Public Goods

Goods for which rivalry among consumers is absent and exclusion of nonpaying customers is difficult.