In a Decision Tree,branches from a Square Node Represent ______

question 69

Multiple Choice

In a decision tree,branches from a square node represent ______.

• A)decision alternatives
• B)uncertain event whose occurrence cannot be predicted
• C)the state of nature
• D)consequences

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Definitions:

International Trade

The exchange of goods, services, and capital across international borders or territories.

Cloth Production

The process of creating textile fabrics from natural or synthetic fibers through various methods including weaving, knitting, and felting.

Opportunity Cost

The forfeiture of advantageous outcomes from different possibilities upon making a specific choice.

Petroleum

Petroleum is a naturally occurring, flammable liquid found in rock formations which is refined into fuel and various chemical products.