CIMA P1 And OCS Theory: Payoff Tables

Payoff tables are used to analyse scenarios with several outcomes based on choice. You'll need to know this for your CIMA P1 exam, but they can also be a really useful tool in your OCS!
In this video, Astranti expert Peter stiff provides an introduction to payoff tables. Peter can show you:
+How payoff tables illustrate the profit/loss in any combination of choice and outcome
+The way payoff tables can be used to inform decisions based on risk attitudes
+A realistic example of how payoff tables are created and used at a fictional business
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[@Xhayle]

thank you sir, very helpful