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Zero days are a type of residual risk that can’t be eliminated.

What can you do to combat zero-days? (check all that apply)

Risk probability theory can help quantify uncertainty and structure the decision making process.

In decision trees, the probability of all branches attached to a single event node always sums (adds) to 1.
Purely Pessimistic decision makers always minimize the maximum loss and maximize the minimum gain.
Risk preferences affect decision making and can influence valuation functions
Screen shot 2017 09 11 at 11.42.21 pm
Assume that a buyer has sufficient money and is looking to acquire as many apples as possible, assuming the apples are reasonably priced. The buyer gives you the valuation function above. Suppose that each option below is a leaf node attached to a choice node labeled "What to buy" on a two-attribute decision tree. Select the option below that is the most valuable choice for the buyer. 
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