Question: 1. Opportunity loss is the difference between the optimal payoff and the actual payoff received. True / False 2. While ________________Decision Analysts adheres to optimal

1. Opportunity loss is the difference between the optimal payoff and the actual payoff received. True / False

2. While ________________Decision Analysts adheres to optimal courses of action while _________________Decision Analysts consider how decisions are actually made.

A. Descriptive, Prescriptive

B. Adherence, Defiance

C. Prescriptive, Descriptive

D. Defiance, Adherence

E. None of the above

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