What are the advantages of using mathematical decision tools such as decision trees and weighted factors? What are the differences between general partners and limited partners in a limited partnership?

Decision trees and weighted factors

Action Required:

Read the following statement: A decision tree is a graph that you use to analyze and keep track of questions asked by a particular person. Weighted factors help you to fairly compare decision factors.

12.3 Test your knowledge (question):

• What are the advantages of using mathematical decision tools such as decision trees and weighted factors? Discuss with example
• What are the differences between general partners and limited partners in a limited partnership?