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Author Question: If the payoffs are losses or costs, the optimistic decision maker would use the minimax criterion. ... (Read 109 times)

lindiwe

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on: Jul 25, 2018
If the payoffs are losses or costs, the optimistic decision maker would use the minimax criterion.
 
  Indicate whether the statement is true or false

Question 2

When data contains extreme values, which of the following is the poorest measure of location?
 
  A) the median B) Q2 C) the midrange D) the midquartile


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kingdude89

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Reply #1 on: Jul 25, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


lindiwe

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Reply 2 on: Jul 25, 2018
YES! Correct, THANKS for helping me on my review

bassamabas

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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