[Solved] SCENARIO 20-6 A student wanted to find out the optimal strategy to study for a Business Statistics exam.He constructed the following payoff table based on the mean amount of time he needed to study every week for the course and the degree of difficulty of the exam.From the information that he gathered from students who had taken the course, he concluded that there was a 40% probability that the exam would be easy. -True or False: Referring to Scenario 20-6, the optimal strategy using the maximin criterion is to study 8 hours per week on average for the exam. Unidimensional Model: A theoretical approach that simplifies complex phenomena or behaviors to a single dimension for analysis or interpretation. Homoeroticism: The representation or expression of same-sex affection or desire, especially in literature or art. Heteroeroticism: Sexual attraction or erotic behavior between individuals of the opposite sex. Unidimensional-Bipolar Model: In the context of psychology, a method of conceptualizing and measuring a variable as existing on a single continuum that ranges between two opposite poles.