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The primary advantage of using decision trees over decision tables in risk analy

ID: 1246988 • Letter: T

Question

The primary advantage of using decision trees over decision tables in risk analysis is Decision tables do not incorporate the probabilities of outcomes in calculating economic value Decision tables do not take time value of money into account Decision trees can handle multiple sequential decisions and outcomes more easily than decision tables None of the above answers are correct. Which of the following reserve categories is likely to have the highest value? Proved developed shut-in Proved undeveloped Possible Probable

Explanation / Answer

b c

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