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How many tables are needed to implement an REA data model that has five distinct entities,two M:N relationships and three 1:N relationships in a relational database?
Desired Situation
The ideal or preferred state or outcome that an individual or organization aims to achieve.
Environment of Risk
The context or situation that is characterized by uncertainty and potential for loss or harm in decision-making and actions.
Complete Information
A condition in decision-making where all relevant data and potential outcomes are known and accessible.
Probabilities
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 1 indicates certainty.
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