Adecision tree a. presents all decision alternatives first and follows them with all states of nature. b. presents all states of nature first and follows them with all decision alternatives. c. alternates the decision alternatives and states of nature. d. arranges decision alternatives and states of nature in their natural chronological order.

The correct answer is (D)

Explanation:

The decision tree is a choice help tool that uses a tree-like model of choices and their potential results, including chance occasion results, asset expenses, and utility. It is one approach to show a calculation that just contains restrictive control explanations. A decision tree is a scientific model used to assist managements with deciding. A choice tree utilises evaluations and probabilities to compute likely results. It helps to decide which alternative must be choose. The solution starts by selecting pay-offs from left to right in reverse order in a chronological order.

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