Which of the Following Statements Is TRUE of a Decision

Multiple Choice

Which of the following statements is TRUE of a decision tree?

A) The number at each endpoint of a decision tree represents the probability associated with a particular chain of events.
B) A decision tree cannot be used for complex business decisions.
C) In a decision tree, event nodes are represented by squares, while decision nodes are represented by circles.
D) Expected value calculations can be made directly on a decision tree to arrive at the best decision strategy.