Section 11 Short Answer Questions (50 points) Describe a decision that most changed your life. In looking back, how did your decision making fare on each of the six elements of decision quality? 1. 2. What is the difference between a probability assigned in the probability rule and a preference probability stated in the equivalence rule? What is the clairvoyant' s role with respect to each of these? 3. Structuring multiple objectives. Apply both Approach 1 (objective hierarchy) and Approach 2 (functional value hierarchy) to identify decision objectives of the "zero-waste" project for a city. Use top-down or bottom-up method to structure the objective hierarchy. 4. Select a decision from a news or journal article. Specify the frame for the decision. Draw the decision hierarchy. 5. Prepare/design a visual display of quantitative information regarding a global current event. Explain how does your work follow the Tufte' s rules