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    Business Statistics Study Set 2
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    Exam 28: Using Statistics for Decision Making
  5. Question
    The Minimax Choice
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The Minimax Choice

Question 8

Question 8

Multiple Choice

The minimax choice


A) minimizes the maximum cost.
B) maximizes the minimum cost.
C) minimizes the maximum profit.
D) minimizes the maximum revenue.
E) maximizes the maximum possible return.

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