Question: Topic: Dynamic Programming - Decision Making Under Risk 1. In decision-making under risk, does states of nature represents the events in a chance node? Further

Topic: Dynamic Programming - Decision Making Under Risk 1. In decision-making under risk, does states of nature represents the events in a chance node? Further explain. ( At least 500 words only) Note: Please answer thin only one question with full effort without plagiarizing to answer this and also, think before you answer this.

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