MCQOPTIONS
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| 1. |
The analysis of a complex decision situation by constructing a mathematical model of the situation and then performing a large number of iterations in order to determine the probability distribution of outcomes is called |
| A. | Sensitivity analysis. |
| B. | Expected utility analysis. |
| C. | Simulation |
| D. | A decision tree. |
| Answer» D. A decision tree. | |