Decision trees and influence diagrams

Reference no: EM13995671

1. Reframe your answer to Exercise 3.6 in terms of objectives and alternatives. That is, what are appropriate fundamental objectives to consider in the context of choosing how to present the investment information? How do decision trees and influence diagrams compare in terms of these objectives?

2. Draw the politician's decision in Figure 3.25 as an influence diagram. Include the tables showing decision alternatives, chance-event outcomes, and consequences.

Reference no: EM13995671

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