In this discussion, you will work together to complete a table that compares and contrasts Monte Carlo Simulations with decision trees, decision matrices, and pro$/$con lists. What are their relative strengths and weaknesses for decision$-$making? For what kinds of decisions is each most helpful?

Copy the most recent table and make at least two additions or corrections of your own. Paste your modified table below.

And$/$or$,$ respond to a follow$-$up question or comment that I or a student may have posted in the discussion $(>=2$ sentences$),$

Before pressing submit, check your comment for quality: it should respond to the prompts; include at least two sentences; demonstrate you have reviewed prior comments; be consistent with our shared values; and be spell$/$grammar checked.

Strengths

Weaknesses

Uses

Pro$/$Con

Matrix

Decision Tree

Monte Carlo