What Is A Schematic Representation Of The Available Alternatives And Their Possible Consequences

It refers to the consequences of using tests or markers.

What is a schematic representation of the available alternatives and their possible consequences. With changes in the available management options and with new and alternative forms of testing the utility of a diagnostic test may change 10 13. Best of best possible payoffs. Impact to produce the tornado shape. This has two important consequences.

Of all possible payoffs. Small 30 3 10m medium 31 3 10 33m large 22 3 7 33m a. A series of tornado diagrams would show engineers at all levels of the design process the economic implications of their decisions. It also refers to and depends on the clinical context.

1 if a certain diagram cannot be drawn then the described situation must be impossible termed self consistency and 2 if a certain relationship between diagram objects must be drawn then the corresponding relation can be inferred as logically valid. The clinical utility of a diagnostic test is both consequential and contextual. See the numerous examples in section 2. By means of a tree diagram depicting the decision points chance events and probabilities involved in various courses of action this technique of decision making allows the decision.

A decision tree is a decision support tool that uses a tree like model of decisions and their possible consequences including chance event outcomes resource costs and utility it is one way to display an algorithm that only contains conditional control statements. The best expected value among the alternatives probability of occurrence for each state of nature ex. A useful guide in assessing decision quality is the spider diagram shown in figure 3. Demand is known ex 2.

This diagram quickly demonstrates the effect of each uncertainty for a given alternative.