In a Decision Tree, Which of the Following Is True

question 70

Multiple Choice

In a decision tree, which of the following is true?

• A)The probabilities of all of the outcomes must be equal.
• B)The sum of the probabilities of all of the outcomes must equal 1.0.
• C)No outcome can have a probability that is less to 1.0.
• D)The sum of the probabilities of all of the outcomes must be greater than 1.0.

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Definitions:

Economic Pie

A metaphorical representation of the total wealth or economic output available for distribution or sharing among a population or group.

Production Possibilities Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.

Efficient

Characterizes a system or process that achieves its goals with minimal waste of time, resources, or effort.

Unattainable

Something that cannot be achieved or reached, often used in the context of goals or objectives that are beyond reach due to current limitations.