Which of the Following Is a Decision-Making Approach That Attempts

question 3

Multiple Choice

Which of the following is a decision-making approach that attempts to find a compromise between the two extremes posed by the pessimistic maximin criterion and the optimistic maximax criterion by applying a certain percentage weight (α) to the most optimistic outcome,and (1-α) to the most pessimistic outcome.

• A)maximax criterion
• B)Laplace criterion
• C)maximin criterion
• D)Hurwicz criterion

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Definitions:

Self-Esteem

Self-esteem is the perception and evaluation of one's own worth, characterized by feelings of confidence and respect for oneself, which can significantly influence mental health and quality of life.

Males

Biological sex characterized by XY chromosomes, typically producing sperm and associated with various physiological and anatomical features.

Females

Pertains to the biologically female sex, typically characterized by XX chromosomes, and associated with certain reproductive roles and cultural expectations.

Sexual Orientation

A person's sexual identity in relation to the gender(s) to which they are attracted, which could be to the opposite sex, same sex, both, or neither.