____ can be used to determine which input variables have the most impact on the expected value in a decision problem.
A) Payoff tables
B) Risk profiles
C) Spider charts
D) Decision nodes
E) None of these choices

Question

Quizplus · Accepted Answer

Spider charts, also known as radar charts, can be used to visually display the impact of input variables on the expected value in a decision problem. The variables are plotted as axes on a radar chart, and the relative impact on the expected value can be compared by the length of each axis. The longer the axis, the greater the impact of that variable on the expected value.

____ Can Be Used to Determine Which Input Variables Have