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Busıness Decısıon Models Deneme Sınavı Sorusu #1367063
Busıness Decısıon Models Deneme Sınavı Sorusu #1367063
A decision maker who has to decide under uncertainty in a decision problem he faces thinks all events are equally likely. Which of the following methods should the decision maker use?
Criterion of Pessimism |
Minimax Regret |
Criterion of Realism |
Criterion of Optimism |
Equally Likely |
Yanıt Açıklaması:
The Equally Likely Method indicates that all events occur equally likely if the probability of occurrence of events is unknown. Therefore, calculation is made considering that the event’s possibility occur equally. The final decision is made according to the objective (maximum or minimum) of the problem.
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