Question: An analyst has two decision alternatives she can choose from. The analyst knows that two states of nature could occur regarding those two decision alternatives.

An analyst has two decision alternatives she can choose from. The analyst knows that two states of nature could occur regarding those two decision alternatives. Estimates of the outcomes and probabilities for the two states of nature have been obtained. What decision modeling tool should the analyst use to solve her problem? O Apayoff table O An optimization model O Alinear regression model O A normal probability distribution i In regression analysis, the coefficient of determination (R2): Indicates the percentage of the variation in the dependent variable that is explained by the independent variables. O Measures the percentage of bias in a forecasting model. O All of the other choices. Is a measure of the strength of the linear relationship between two variables. Ranges between -1 and 1

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