A Decision Criterion Which Weights the Payoff for Each Decision

question 42

Multiple Choice

A decision criterion which weights the payoff for each decision by its probability of occurrence is known as the

• A)payoff criterion
• B)expected value criterion
• C)probability
• D)expected value of perfect information

---

Definitions:

Rich Text

A form of electronic text that allows for the incorporation of various attributes such as different fonts, styles, and colors.

PDF Format

A file format (Portable Document Format) used to present documents in a manner independent of application software, hardware, and operating systems.

Ableism

A discrimination or prejudice against individuals with disabilities.

Pathologized

The process by which behaviors, conditions, or groups of people are classified as unhealthy, abnormal, or deviant from a medical or psychological standpoint.