A) Decision trees are particularly useful when

A.a sequence of decisions must be made

B.all possible outcomes and alternatives are not known

C.perfect information is available

D.the opportunity loss table is available

B) Decision Tree is a graphical representation of structuring a decision problem involving

A.uncertainty

B.certainty

C.loss

D.utility

C) Pessimistic approach deals with decisions involving

A.conservative strategy

B.aggressive strategy

C.expected value strategy

D.opportunity loss strategy