Give an example of a good decision that you made that resulted in a bad outcome. Also give an example of a bad decision that you made that had a good outcome. Why was each decision good or bad? Please specify the criteria you used in making these decision. (You need to specify one of the decision criteria on Slide 3-11 or the utility criterion on Slide 3-71 and explained how you applied it to your specific example.) Why sometimes good decisions may lead to bad outcomes and vice versa?
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