Exhibit 14.1 The Following Questions Are Based on the Information Below

question 12

Multiple Choice

Exhibit 14.1
The following questions are based on the information below.
An investor is considering 4 investments, A, B, C and leaving his money in the bank. The payoff from each investment is a function of the economic climate over the next 2 years. The economy can expand or decline. The following payoff matrix has been developed for the decision problem.
-Leaves of a decision tree are also called ____ nodes.

• A) end
• B) terminal
• C) decision
• D) payoff

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Definitions:

Target Cell

In spreadsheet software, a specific cell that is designated for a particular purpose, such as the cell where a formula's result is displayed.

Changing Cells

Cells in spreadsheet software designated for modification, influencing the outcome of formulas or functions dependent on their values.

Constraints

Rules or limitations defined in programming, databases, or problem-solving scenarios that restrict the ways in which data can be manipulated or solutions can be achieved.

Data Validation Criteria

Rules or conditions set for data entry in spreadsheet cells or database fields to ensure the accuracy and consistency of data.