In many ways, the material in this module deals with “real” life since uncertainty pervades almost all of our decisions. Please describe a decision you’ve had to make recently and identify the parameters that had a level of uncertainty. What was the level of uncertainty? Also, assess your level of risk taking as you moved toward a decision.
Please respond to the discussion question with one original post and at least two substantial replies to other students. A substantial reply is considered a post which moves our discussion forward and deepens our understanding of the material. You may wish to post a probing question (i.e. How would your model apply in ____ context? What would happen if we changed ______?) or by adding new information (i.e. This is similar to _____ because ______). Posts which simply state “Way to go Bob!” or “I thought the same thing.” do not deepen our understanding and will not earn full credit.
