Question: On a decision tree, at each state-of-nature node, a. the alternative with the greatest EMV is selected. b. an EMV is calculated. c. all probabilities

On a decision tree, at each state-of-nature node,

a. the alternative with the greatest EMV is selected.

b. an EMV is calculated.

c. all probabilities are added together.

d. the branch with the highest probability is selected.

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