In a Correlation Matrix,the Values in the Main Diagonal Equal

question 18

Short Answer

In a correlation matrix,the values in the main diagonal equal ____________________.

---

Definitions:

Maximin Criterion

A decision rule used in uncertainty conditions, selecting the option with the best of the worst possible outcomes.

Uncertainty

The state of having limited knowledge about an existing condition or future outcome, making it difficult to make accurate predictions or decisions.

Pessimist

A pessimist is an individual who tends to see the worst aspect of things or believe that the worst will happen, often focusing on negatives rather than positives.

Decision Trees

A graphical tool that helps in decision-making by laying out different strategies and their possible outcomes in a tree-like diagram.