This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The ___________ approach evaluates each decision alternative in terms of the best payoff that can ... (Read 143 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: Jun 24, 2018
The ___________ approach evaluates each decision alternative in terms of the best payoff that can occur.
 a. conservative
  b. optimistic
  c. maximin regret
  d. expected value

Question 2

Lines showing the alternatives from decision nodes and the outcomes from chance nodes are called
 a. weights.
  b. payoffs.
  c. diagonals.
  d. branches.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

b
RATIONALE: The optimistic approach evaluates each decision alternative in terms of the best payoff that can occur. The decision alternative that is recommended is the one that provides the best possible payoff.

Answer to Question 2

d
RATIONALE: Lines showing the alternatives from decision nodes and the outcomes from chance nodes are called branches.


jenna1

  • Member
  • Posts: 568
Reply 2 on: Jun 24, 2018
:D TYSM

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Directional Terms Directional Terms
Alternative Splicing Alternative Splicing
Tropomyosin gene organization (rat) and seven alternative splicing pathways Tropomyosin gene organization (rat) and seven alternative splicing pathways
How to combine like-terms in expressions containing multi-brackets How to combine like-terms in expressions containing multi-brackets
Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin
Alternative sigma factors for heat shock genes Alternative sigma factors for heat shock genes
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library