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  3. Study Set
    Management Study Set 17
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    Exam 8: Decision Making
  5. Question
    A Manager Who Desires to Minimize His Maximum "Regret" Will
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A Manager Who Desires to Minimize His Maximum "Regret" Will

Question 25

Question 25

True/False

A manager who desires to minimize his maximum "regret" will opt for a minimax choice.

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