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:

Routine

A set sequence of actions regularly followed, creating a structured and efficient way of accomplishing tasks or activities.

Emotional Maladjustment

A state in which an individual's emotional responses are inappropriate or out of proportion to their socio-cultural environment.

Maslow

Refers to Abraham Maslow, an American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Need

A requirement essential for an organism's survival, growth, and well-being.