Question: Assigning probabilities less than 1 (i.e., P < 1) to potential alternatives and outcomes means that the decision maker is operating in a(n) environment. Assigning
Assigning probabilities less than 1 (i.e., P < 1) to potential alternatives and outcomes means that the decision maker is operating in a(n) environment. Assigning probabilities equal to 1 (i.e., P = 1) to potential alternatives and outcomes means that the decision maker is operating in a(n) environment. Unable to assign probabilities to alternatives and potential outcomes (i.e., P = unknown) means that the decision maker is operating in a(n) environment. Question 42Answer a. risk; uncertain; certain b. uncertain; certain; risk c. bounded rationality; certain; uncertain d. risk; certain; bounded risk e. none of the above
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