If Costs/losses, Rather Than Profits/gains, Are Concerned, the Minimax Criterion

question 35

Multiple Choice

If costs/losses, rather than profits/gains, are concerned, the minimax criterion is equivalent to:

• A)maximin.
• B)maximax.
• C)minimax regret.
• D)minimin.

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Definitions:

Kidney

An organ in the body that filters waste from the blood and produces urine.

Afferent Arteriole

A blood vessel that carries blood towards the glomeruli of the kidney, playing a key role in the regulation of blood pressure.

Glomerulus

A network of capillaries located at the beginning of a nephron in the kidney, where blood filtration takes place.