An expected value for a decision tree is the value you would expect if
a. you calculated how much revenue is needed to break even.
b. your business were sold within 30 days.
c. a particular decision is made a large number of times.
d. you took a poll of what people want.
Ans: c. a particular decision is made a large number of times.
You might also like to view...
An adjusting entry is completed ________
A) at the beginning of the accounting period B) at the end of the accounting period C) when the balance sheet is prepared D) when accounts need to be balanced in the ledger
Which of the following is NOT part of the strategic planning process and its organizing framework?
A. assess what is changing in its macro-economic environment B. understanding what is influencing markets today C. assess what strategies its competitors are pursuing D. assess who its customers are and how they are changing E. assess what are its capabilities, competencies and advantages