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:

Verified
Correct Answer:
Verified
Related Questions
Q6: When making a decision in an environment
Q7: When we assess the worth of sample
Q9: The quality control manager for the
Q10: A tire manufacturer needs to make a
Q12: In a decision tree,the branches emanating from
Q13: The alternatives 1 and 2 in
Q15: The quality control manager for the
Q16: The _ criterion finds the best possible
Q48: The expected net gain of sampling equals
Q130: The alternatives 1 and 2 in