Exhibit 14.1 The Following Questions Are Based on the Information Below

Multiple Choice

Exhibit 14.1
The following questions are based on the information below.
An investor is considering 4 investments, A, B, C and leaving his money in the bank. The payoff from each investment is a function of the economic climate over the next 2 years. The economy can expand or decline. The following payoff matrix has been developed for the decision problem.
-Although modeling provides valuable insight to decision makers, decision making remains a difficult task. Which of the following is not a primary cause for this difficulty discussed in the Decision Analysis chapter?

A) Uncertainty regarding the future.
B) Models provide decisions for the decision maker.
C) Conflicting values.
D) Conflicting objectives.