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    Exam 29: Decision-Making Tools
  5. Question
    The Outcomes That Result Given the Actual Decision Made and the State
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The Outcomes That Result Given the Actual Decision Made and the State

Question 18

Question 18

Multiple Choice

The outcomes that result given the actual decision made and the state of nature that occurs are referred to as ______.


A) consequences
B) states of nature
C) payoffs
D) decision alternatives

Correct Answer:

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