State which option would be selected using The maximin decision rule
【参考答案及解析】
The worst possible outcomes are as follows. A (circumstance II): –10 B (circumstance III): 0 C (circumstance II): –5 The best of these figures is 0 (neither a profit nor a loss), so action B would be chosen using the maximin criterion.
The worst possible outcomes are as follows. A (circumstance II): –10 B (circumstance III): 0 C (circumstance II): –5 The best of these figures is 0 (neither a profit nor a loss), so action B would be chosen using the maximin criterion.