In Decision-Making Under Uncertainty, a Pessimistic Approach Is the __________

question 102

Multiple Choice

In decision-making under uncertainty, a pessimistic approach is the __________.

• A)maximin criterion
• B)maximax criterion
• C)Hurwicz criterion
• D)minimax regret strategy
• E)maximin regret strategy

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Definitions:

Genetic Make-Up

The set of genes that an individual inherits from their parents, which determines one's characteristics and predispositions.

Postpartum Psychosis

A rare but severe mental illness that can affect a new mother following childbirth, characterized by extreme confusion, delusions, hallucinations, and, at times, risk of harm to oneself or the baby.

Research Participants

Individuals who partake in scientific studies, contributing data through their experiences, behaviors, or biological samples.

Ethical Concerns

Issues or situations that require a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).