Of the Three Components in Any Decision-Making Situation,which of the Following

question 67

Multiple Choice

Of the three components in any decision-making situation,which of the following cannot be controlled?

• A)Alternatives
• B)Payoff
• C)States of nature
• D)Seasonal indexes

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Definitions:

Watson

John B. Watson was an American psychologist who established the psychological school of behaviorism, emphasizing the importance of observable behaviors.

Pavlov

Refers to Ivan Pavlov, a Russian physiologist known for his work in classical conditioning, especially demonstrated through his experiments with dogs and the conditioned reflex.

Skinner

B.F. Skinner, an American psychologist known for his work in behaviorism and experimental analysis of behavior.

Freud

Sigmund Freud, an Austrian neurologist, established psychoanalysis, which is a therapeutic approach to address psychopathology by facilitating conversations between a patient and a psychoanalyst.