Question: 5 . ) this question is worth 1 point ( LO 1 ) What is the regret matrix? A matrix that simulates the outcomes of

5.) this question is worth 1 point
(LO1) What is the regret matrix?
A matrix that simulates the outcomes of a decision.
A matrix that shows the possible outcomes of a decision and their associated payoffs or costs.
A matrix that evaluates the expected value of a decision.
A matrix that shows the difference between the best possible outcome and the actual outcome for each decision.
 5.) this question is worth 1 point (LO1) What is the

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