Multiple Choice
Which of the following statements is false regarding the evaluation of alternatives?
A) The selection of alternatives is determined by the decision variable chosen and the decision rule used
B) Each alternative must be explicitly stated
C) A decision variable is defined by an outcome that may be measured
D) A decision rule is determined by which outcomes may be compared
E) all of the above are true
Correct Answer:
Verified
Correct Answer:
Verified
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