Which of the Following Is Not a Method Used to Evaluate

question 30

Multiple Choice

Which of the following is not a method used to evaluate projects with unpredictable cash flows where probabilities cannot be estimated?

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

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Definitions:

Independent Variable

In an experiment, the variable that is manipulated or changed to test its effect on the dependent variable.

Cause-effect Relationships

The connection between two events where one event makes the other happen.

Correlational Research

A research method used to examine the relationship between two or more variables, without implying causation.

Experimental Research

A scientific approach that seeks to establish cause-and-effect relationships by manipulating and controlling variables.