Business, 11.12.2019 18:31 mariaaaaa69

Which of the following characterizes decision-making under uncertainty?
a) decision-makers must rely on probabilities in assessing outcomes.
b) the likelihood of possible future events is unknown.
c) relevant parameters have known values.
d) certain parameters have probabilistic outcomes.
e) none of the above

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Which of the following characterizes decision-making under uncertainty?
a) decision-makers mu...

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