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    Statistics
  3. Study Set
    Business Statistics in Practice Study Set 1
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    Exam 15: Decision Theory
  5. Question
    Maximin Is a Criterion Used When Making Decisions Under _____________
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Maximin Is a Criterion Used When Making Decisions Under _____________

Question 11

Question 11

Multiple Choice

Maximin is a criterion used when making decisions under _____________.


A) uncertainty
B) certainty
C) risk
D) alternatives
E) states of nature

Correct Answer:

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