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A decision tree aligns probabilities with possible outcomes. Where in your opinion do the probabilities come from? What probabilities would you use in the case

A decision tree aligns probabilities with possible outcomes.

  • Where in your opinion do the probabilities come from?
  • What probabilities would you use in the case of uncertainty when probabilities are not known?
  • When a decision tree indicates that the risk of a positive outcome is high, who decides whether or not the risk can be accepted?

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