In a Decision Tree, the Difference Between a Decision Node

question 153

Multiple Choice

In a decision tree, the difference between a decision node and a terminal node is that

• A)at a decision node all participants are free to make individual decisions but at a terminal node they must agree on a collective decision.
• B)at a decision node all participants make the same decision, while at a terminal node different players may make different decisions.
• C)at a decision node a decision must be made, while a terminal node shows the payoff.
• D)at a decision node a decision must be made, while at a terminal node the final decision must be made.

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Definitions:

Decimal Point

A symbol used to separate the integer part from the fractional part of a number in decimal notation.

Multiplication

An arithmetic operation that combines two numbers to produce a product.

Division

A mathematical operation where a number, the dividend, is divided by another number, the divisor, to result in a quotient and sometimes a remainder.

Round Off

The process of adjusting numbers to the nearest value with fewer digits, typically used to simplify calculations and results.