To make a decision under the condition of uncertainty means that
A) you should make an educated guess based on your gut instinct.
B) you know about the problem, the alternatives, and the outcomes, but you don't know how to implement the decision.
C) you must rely on hard facts and numbers in order to make the decision.
D) you don't have the necessary information to assign probabilities to the outcomes of alternative solutions.

Question

Quizplus · Accepted Answer

When making a decision under the condition of uncertainty, one cannot rely on hard facts and numbers as there is a lack of necessary information to assign probabilities to the outcomes of alternative solutions. Therefore, the best choice is option D.

To Make a Decision Under the Condition of Uncertainty Means