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    Exam 6: Decision Models
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    If Costs/losses, Rather Than Profits/gains, Are Concerned, the Minimax Criterion
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If Costs/losses, Rather Than Profits/gains, Are Concerned, the Minimax Criterion

Question 35

Question 35

Multiple Choice

If costs/losses, rather than profits/gains, are concerned, the minimax criterion is equivalent to:


A) maximin.
B) maximax.
C) minimax regret.
D) minimin.

Correct Answer:

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