Question: Select the least accurate statement regarding the risk tolerance parameter. Group of answer choices It is possible to estimate its value for a decision maker.

Select the least accurate statement regarding the risk tolerance parameter.
Group of answer choices
It is possible to estimate its value for a decision maker.
It is not necessary to estimate its value if the decision maker is risk neutral.
PrecisionTree has the capability to account for the risk tolerance parameter when identifying optimal decisions.
An increase in the risk tolerance parameter is associated with a decrease in risk aversion.
It takes on values between 0 and 1, i.e., it can be interpreted as the probability of accepting game that has an EMV of zero.

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