What information condition lies between certainty and uncertainty in making decisions?
A) Risk
B) Coin tossing
C) Problem solving
D) Decision rules
E) Guesswork

Question

Quizplus · Accepted Answer

The information condition that lies between certainty and uncertainty in making decisions is known as risk. This means that there is some level of uncertainty, but the possible outcomes can be calculated and the probability of each outcome can be estimated.

What Information Condition Lies Between Certainty and Uncertainty in Making