When a survey uses the responses strongly disagree, disagree, neutral, agree, strongly agree, this is an example of:
A) nominal data.
B) ordinal data.
C) interval data.
D) ratio data.
Question 2
Which of the following decisions is chosen in a minimin strategy?
A) the decision that minimizes the maximum payoff
B) the decision that maximizes the minimum payoff
C) the decision that minimizes the minimum payoff
D) the decision that maximizes the maximum payoff