A tabular presentation that shows the outcome for each decision alternative under the various possible states of nature is called a:
A)payoff table.
B)feasible region.
C)Laplace table.
D)decision tree.
E)payback period matrix.

Question

Quizplus · Accepted Answer

A payoff table displays the results of different decisions under various states of nature, helping in decision-making processes.

A Tabular Presentation That Shows the Outcome for Each Decision