A _________ is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility.

Related MCQs

• .............................. refers to the chance of happening or not happening of an event.
• Chance for an event may be expressed as .................
• The sum of probabilities of all possible elementary outcomes of a random experiment is always equal to ...................
• An event consisting of those elements which are not in the given event is called.............
• If it is known that an event A has occurred, the probability of an event B given A is called ............................
• Chance Nodes are represented by __________
• ............................ has two or more outcomes which vary in an unpredictable manner from trial to trial when conducted under uniform conditions.
• ........................ refers to the totality of all the elementary outcomes of a random experiment.
• The numerical value given to the likelyhood of the occurrence of an event is called................
• An event whose occurrence is inevitable is called ......................................