The goal of the _____________ criterion is to minimize the ...

[arivle123]

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

[helenmarkerine]

Answer to Question 1

C

Answer to Question 2

B

[arivle123]

Thanks for the timely response, appreciate it

[kishoreddi]

Gracias!