A situation in which a decision maker must choose between strategies that have more than one possible outcome when the probability of each outcome is unknown is referred to as

A situation in which a decision maker must choose between strategies t

1.	A situation in which a decision maker must choose between strategies that have more than one possible outcome when the probability of each outcome is unknown is referred to as
A.	Diversification.
B.	Certainty.
C.	Risk.
D.	Uncertainty.
Answer» E.

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A situation in which a decision maker must choose between strategies that have more than one possible outcome when the probability of each outcome is unknown is referred to as

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