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Which of the following statements about decision analysis is false? A. a decision situation can be expressed as either a payoff table or a decision
Which of the following statements about decision analysis is false?
A. a decision situation can be expressed as either a payoff table or a decision tree diagram
B. There is a rollback technique used in decision tree analysis
C. opportunity loss is the difference between what the decision maker's profit for an act is and what the profit could have made
D. decision can never be made without the benefit of knowledge gained from sampling
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