Question
Giving an example of a bad decision I made that had a good outcome. I think an example of bad decision happened in my life
Giving an example of a bad decision I made that had a good outcome.
I think an example of bad decision happened in my life when I decided to leave my parents to live in the United States. I felt that I made bad decision because I was the only big kid who lived with them even though I left them. Furthermore, I felt guilty because I had in my mind that a good kid should never leave mother and father, and go way. After years, my father got very sick, so I was here desperate because I could not leave this country since I was in legalization process, and my mother was always reminding me you not going to change anything if you came, we can take care of him, do not worry. You need to wait your documentation, be patient. It was the hardest moment I faced. In fact, I was the only one who could help them at that time, but from here because I always sent money to support them especially, when my father got sick. Although my brothers and sisters were always around, they had not good finance condition for supporting them. Though my father was retired from a huge and good company, after 20 years retirement, his money amount became too small since these retirements money are never corrected by following inflations in my country. Good think, they could always count on me whenever they needed, though today I only have my mother, brothers and sisters. What I figured out from my decision is: I left my parents which was considered a bad decision for me. However, it had a good outcome since I could help my parent financially which my brothers and sisters could not at that time.
From this example, can you create a decision table including the different alternatives and states of nature?
Also can you illustrate how the decision criteria can be applied towards a decision?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started