This topic contains a solution. Click here to go to the answer

Author Question: The goal of the _____________ criterion is to minimize the decision maker's regret of making a wrong ... (Read 775 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
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
Answer to Question 1

C

Answer to Question 2

B




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library