Introduction

1. Signal Detection

2. The Psychology of Decision Making

3. Decision Matrixes

4. Making Financial Decisions

5. Decision Making Statistics

6. Conclusion

The two-by-two matrix

Signal Detection Theory uses the tool of a two-by-two matrix to represent possible outcomes of a decision. In this lesson you'll learn about this common representative tool and be able to slot your own decisions into its squares.

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Learn how to make decisions when faced with little information and unpredictable outcomes.

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Making Decisions Under Uncertainty

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The two-by-two matrix: Videos & Practice Problems