An Advantage of the Decision Tree Is That

question 39

Multiple Choice

An advantage of the decision tree is that

• A)it eliminates the need for calculating the cost of capital.
• B)it eliminates the need for calculating probabilities.
• C)it causes the analyst to consider important events that may occur in the course of the project,and decisions and actions that may have to be undertaken.
• D)All of the above

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Definitions:

Tradeoffs

The exchange of one benefit for another, often as a result of compromise or balancing factors.

Human Nature

The inherent characteristics, including ways of thinking, feeling, and acting, that all humans tend to have naturally.

General Theme

The central idea or underlying message conveyed by a piece of writing, speech, or work of art.

Distant Future

A time period far ahead from the present, often considered in planning, forecasting, or speculative discussions.