Use the Following to Answer the Questions Below

question 15

Multiple Choice

Use the following to answer the questions below.
In choosing between three new jobs, Joe MBA considers the potential payoffs over the next three years. The following table contains the payoffs, given the speed of promotion in each of the organizations. The probability of fast promotion is 0.6, and the probability of slow promotion is 0.4.

-Use the information in Table A.3 and the minimax regret decision rule. The maximum regret is:

• A) less than $300,000 if the high-flying consultant job is selected.
• B) less than $300,000 if the utility analyst job is selected.
• C) less than $300,000 if the research assistant job is selected.
• D) lowest for the research assistant job.

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Definitions:

Entire Table

Refers to selecting or affecting all records or data within a table in database operations or queries.

Self Join

A type of SQL join where a table is joined to itself to compare rows within the same table.

Parent Table

In a relational database, a table that is referenced by a foreign key in another table (the child table), establishing a relationship between the two.

Allow Zero Length

A database field property that permits the entry of an empty string as a valid value.