Tóm tắt nội dung: C H A P T E R 11 Finding the right way – analysing decisions Chapter objectives This chapter will help you to: ■ ■ ■ work out expected values using probabilities appreciate attitudes to risk and apply decision rules construct decision trees and use them to decide between alternative strategies ■ ask ‘what if’ question about conclusions from decision trees by employing sensitivity analysis ■ make use of Bayes’ rule to find posterior probabilities for decision trees