Figure 1 22) Given this decision tree, what can be said about this decision? 22) A) There are three payoffs. B) There are two alternatives and three states of nature. C) There are eight decisions to be made. D) There are three alternatives and two states of nature. 23) What makes the difference between good decisions and bad decisions? 23) A) A good decision considers all alternatives. B) A good decision applies quantitative approaches. C) A good decision is based on logic. D) A good decision considers all available data. State 1 State 2 State 3 Alternative 1 45 37 83 Alternative 2 16 59 72 Alternative 3 23 65 91 Alternative 4 44 33 55 What decision would an optimist make? A) Alternative 1 B) Alternative 2 C) Alternative 3 D) Alternative 4 25) Another name for a decision table is a 25) A) payout table. B) payoff table. C) pay-up table. D) payment table.Table 4.1 SUMMARY OUTPUT Regresm'on Statistics Multiple R Mere-teas R Square Missing Adjusted R Square b.995131o4 Standard Error 164339211 Observations ANUVA m m_ 1255 555 \"5 _ m 5555 55555555 lean\" 55 m 5555 1-555 26) Consider the output shown in Table 4.1. Which of the predictors Is not signicant? A) X3 H) Xi C} x2 D} intercept Regression Residual 2?] Which of these statements about multiple regression ls best? A) The multiple regression model includes several intercept terms. B) The muitiple regression modei includes several dependent variables C} The multiple regression model includes multiple slope coefficients. D} The pvalue for the Ftest may not be interpreted the same with multiple regression models as tl'teg,r are with simpie linear models. 28) A dummy variable Is also called a{n) A} dependent variable. B} continuous variable. C} response variable. D) indicator variable. 26} 2?} 23)