The expected payoff for the best alternative is to be determined by using the decision tree. Concept Introduction: Decision tree can be defined as the decision support tool or tree like decision model which is used to represents the series of decisions and their objective way to evaluate the alterative.

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Chapter A, Problem 22P

Summary Introduction

Interpretation: The expected payoff for the best alternative is to be determined by using the decision tree.

Concept Introduction:

Decision tree can be defined as the decision support tool or tree like decision model which is used to represents the series of decisions and their objective way to evaluate the alterative.

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