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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › risk & uncertainty
To reduce the risk from the investment, the investors may adopt any one of the following approaches because these approaches will determine the probabilities for various possible outcomes.
[Expected value / Perfect information / Decision Tree]
To reduce the uncertainty from the investment the investors may adopt any one of the following approaches because these approaches do not determine the probabilities for various possible outcomes.
[Maximax / Maximin / Minimax]
I have seen in the examkit that the examiner is not distinct about risk and uncertainty and the relevant approaches used in them!!!
Everything seems correct?
It all seems correct.