When the Maximin Criterion Is Used, the Decision Maker Assumes

question 89

True/False

When the maximin criterion is used, the decision maker assumes that for any alternative action, the state of nature with the maximum payoff will take place.

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Definitions:

Relaxation Training

A treatment procedure that teaches clients to relax at will so they can calm themselves in stressful situations.

Fear Hierarchy

A list of objects or situations that frighten a person, starting with those that are slightly feared and ending with those that are feared greatly; used in systematic desensitization.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of mental disorders published by the American Psychiatric Association.