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

Author Question: The goal of the _____________ criterion is to minimize the decision maker's regret of making a wrong ... (Read 782 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 24, 2018
The goal of the _____________ criterion is to minimize the decision maker's regret of making a wrong choice.
 
  A) Hurwicz
  B) equally likely
  C) minimax regret
  D) maximax

Question 2

Using the _____________ criterion you choose the alternative with the highest average payoffin the decision table.
 
  A) maximin
  B) equally likely
  C) minimax regret
  D) maximax


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

The procedure for making a karyotype. The procedure for making a karyotype.
Decision Making Decision Making
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
The Making of Black Harlem The Making of Black Harlem
Six-Step Process for Goal-Oriented Planning Six-Step Process for Goal-Oriented Planning
Oprah Winfrey reached her goal weight Oprah Winfrey reached her goal weight
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library