Question: 18. In Decision-making using a Decision Tree, one selects the option with the largest, positive Expected Monetary Value (EMV). 19. In Decision-making, one always selects

18. In Decision-making using a Decision Tree, one
18. In Decision-making using a Decision Tree, one selects the option with the largest, positive Expected Monetary Value (EMV). 19. In Decision-making, one always selects 0.6 for the probability of success of an option and 0.4 for the probability of failure of the same option whenever no probabilities are provided. 20. The sum of the probability of success and the probability of failure must equal 1.0 (or 100%, if using percentages instead of decimal values). 18. In Decision-making using a Decision Tree, one selects the option with the largest, positive Expected Monetary Value (EMV). 19. In Decision-making, one always selects 0.6 for the probability of success of an option and 0.4 for the probability of failure of the same option whenever no probabilities are provided. 20. The sum of the probability of success and the probability of failure must equal 1.0 (or 100%, if using percentages instead of decimal values)

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