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____ improves the decision maker's capacity to predict, confirm, or correct earlier expectations

A.understandability
B.predictive value and feedback value
Cneutrality
D.comparability

User JonAlb
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1 Answer

4 votes

Final answer:

The answer is B. predictive value and feedback value, which help to forecast future events and verify or correct past assumptions, improving the quality of decision-making.

Step-by-step explanation:

The correct answer to the question is B. predictive value and feedback value. These attributes improve the decision maker's capacity to predict future events, confirm past expectations, or correct them if necessary. Having predictive value means being able to forecast future outcomes based on current information. In a business context, this could involve using data to predict consumer behavior or market trends, similar to how Netflix predicts which movies a user may like.

Feedback value refers to the capacity to confirm or correct past predictions; it provides information about whether previous expectations based on earlier analysis were accurate, and if not, it helps to adjust those expectations. Both predictive and feedback values are essential in refining the decision-making process, making more informed decisions possible, and reducing the risk associated with imperfect information.

User Maplemale
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