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A Person at a Horse Racetrack Who Bets All of His/her

Question 142

Multiple Choice

A person at a horse racetrack who bets all of his/her money on the odds-based long shot to 'win' (rather than 'place' or 'show') is making what kind of choice?


A) maximax
B) maximin
C) minimax
D) minimin
E) miximix

Correct Answer:

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