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Use the following elements of decision analysis subheadings as you compose your post: Problem identification Possible decisions Possible outcomes Probabilities of outcomes Payoffs and Costs
Use the following elements of decision analysis subheadings as you compose your post: Problem identification Possible decisions Possible outcomes Probabilities of outcomes Payoffs and Costs Decision Criterion Create a decision tree illustrating the elements of decision analysis Refer to Figures 6.5 and 6.6 to see Decision Tree examples and to gain valuable insights into Decision Trees
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