Find and Consider Important Information
Consciously considering information needs and gathering useful information before we act is essential to good decision-making.
Useful information is anything we know, would like to know, or should know that might influence our decisionmaking but that’s not under our control.
- Explains how to assign probabilities to multiple possible outcomes
- Encourages examining the reliability of various sources of information
- Demonstrates how to use a tree to structure possibilities and probabilities, including calculation of conditional probability