Use the Following Decision Tree to Answer the Next Question

question 5

Multiple Choice

Use the following decision tree to answer the next question.

-Consider the decision tree above. If the probability of Event 1 is 30% and the probability of Event 2 is 70%, which decision alternative should the decision maker choose?

• A)Decision 1
• B)Decision 2
• C)Either decision; they both have the same expected value.
• D)Neither; more information is needed to make an accurate assessment.

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Definitions:

Human Emotions

Complex psychological states that result from the combination of one's circumstances, mood, and relationships with others.

Indispensable

Absolutely necessary or essential.

Normal Growth

The typical progression of physical development in an individual or organism, often measured against standardized benchmarks.

Strength of Emotions

The intensity or power of one's emotional responses or feelings.