Running Head: DECISION ANALYSIS

Decision Analysis

1. A – True
2. B – False
3. B – False
4. B – False
5. A – True
6. B – 1/3
7. B – You can’t tell without a relevance diagram
8. A – The Probability of rain tomorrow
9. D – We can deduce none of the statements (I, II, III, or IV) from the diagram
10. A – I only
11. B – False
12. B – False
13. A – 0.63 is the probability Kim will get her Best prospect if she sets up her party indoors.
14. A – True
15. A – True
16. D – None of the above
17. B – False
18. A – True
19. B – Hannah’s personal indifferent buying price for clairvoyance is equal to the difference       between the value of a deal with free clairvoyance and the value of the same without clairvoyance.
20. D – 0.667
21. A – True
22. B – False
23. A – True
24. A – True
25. A – $ 185
26. B – False
27. C – $ 75
28. B –
29. D – All of them
30. A – True
31. B – Density
32. C – Anchoring
33. C – Delegate, Assess, Solve
34. D – Deterministic
35. B – No