Exhibit 14.1 The Following Questions Are Based on the Information Below

question 9

Multiple Choice

Exhibit 14.1
The following questions are based on the information below.
An investor is considering 4 investments, A, B, C and leaving his money in the bank. The payoff from each investment is a function of the economic climate over the next 2 years. The economy can expand or decline. The following payoff matrix has been developed for the decision problem.
-Although modeling provides valuable insight to decision makers, decision making remains a difficult task. Which of the following is not a primary cause for this difficulty discussed in the Decision Analysis chapter?

• A) Uncertainty regarding the future.
• B) Models provide decisions for the decision maker.
• C) Conflicting values.
• D) Conflicting objectives.

---

Definitions:

Affirmative Action

Affirmative action refers to policies that take race, color, religion, sex, or national origin into consideration in order to benefit an underrepresented group in areas of employment, education, and business.

Moral Blame

Attribution of ethical responsibility or wrongdoing to an individual or group.

Preventing Future Harm

Strategies or actions taken to avoid potential injuries or damages before they occur.

Contributory Negligence

A legal doctrine that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to the injury.