Give an example of a good decision that you made in the face of some uncertainty
Question # 00809311
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Updated on: 08/06/2021 05:59 AM Due on: 08/06/2021
Good Decisions Lucky & Unlucky Outcomes & Relevant Uncertainties Discussions
1. Give an example of a good decision that you made in the face of some uncertainty. Was the outcome lucky or unlucky? Can you give an example of a poorly made decision whose outcome was lucky?
2 .Describe a decision problem that you have faced recently (or with which you are currently struggling). Describe the decision context and your objectives. What were the specific decisions that you faced, and what were the relevant uncertainties? Describe the possible consequences.
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Solution: Give an example of a good decision that you made in the face of some uncertainty