The statement that decision alternatives are structured so that several could occur simultaneously is False.
There may be multiple simultaneous outcomes due to the way the decision alternatives are formed. In a decision tree, square nodes denote the presence of decision points. An improper path would be selected from a node that is circular in a decision tree.
The same advised choice is produced by maximizing the anticipated payoff and minimizing the anticipated opportunity loss. When using the expected value strategy to choose a decision option, the payout that really occurs will typically have a value that differs from the expected value.
The future states of nature are unpredictable at the time a decision is taken, and the decision maker has no control over them.
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