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7nadin3 [17]
1 year ago
3

After all probabilities and payoffs are placed on a decision tree, the decision maker calculates expected values at decision nod

es and makes selections at state of nature nodes.
Mathematics
1 answer:
snow_lady [41]1 year ago
4 0

It is a true statement that the decision maker calculates expected values at decision nodes and makes selections at state of nature nodes when all probabilities and payoffs are placed on a decision tree.

<h3>What is a decision tree?</h3>

This is a pictorial diagram that shows the sequence of steps that was used to arrive at the solution of a problem.

This tree has branches which shows the different choices that are available in order to arrive at the solution of a problem.

Read more about decision tree

brainly.com/question/26675617

#SPJ4

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