question archive DQ 1) What are the elements of a decision? How does statistical decision theory differ in conditions of certainty and uncertainty? When making a decision, can doing nothing be a valid alternative? Why? Please remember to cite your sources

DQ 1) What are the elements of a decision? How does statistical decision theory differ in conditions of certainty and uncertainty? When making a decision, can doing nothing be a valid alternative? Why? Please remember to cite your sources

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DQ 1) What are the elements of a decision? How does statistical decision theory differ in conditions of certainty and uncertainty? When making a decision, can doing nothing be a valid alternative? Why? Please remember to cite your sources.

DQ 2) What skills do managers need today? Are these skills different from management skills of 50 years ago? Why?

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