Business Analysis | Section 036 Week 7 Discussion 1 | Assignment Help | Georgia State University

Business Analysis | Section 036 Week 7 Discussion 1 | Assignment Help | Georgia State University 

Reflecting on Decision Making under Ignorance

You've just completed the Webex Activity for Module 7. Hopefully, you have learned some helpful information about how evaluation different alternatives. Think about the work you've completed so far and provide thoughtful answers to the questions below:

1.      Give an example of another scenario that you could create a payoff table for, what are the decision alternatives, states of nature, and payoffs?

2.      Why do you think these methods are called “under ignorance”?

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