________ is a situation in which a decision maker has neither certainty nor reasonable probability estimates available.
A) Certainty
B) Uncertainty
C) Risk
D) Maximax

Name: ________ is a situation in which a decision maker has neither certainty nor reasonable probability estimates available. A) Certainty B) Uncertainty C) Risk D) Maximax
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Uncertainty is when a decision maker lacks both certainty and reasonable probability estimates, making it difficult to predict outcomes.

________ Is a Situation in Which a Decision Maker Has