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Busıness Decısıon Models
BUSINESS DECISION MODELS (İŞLETME KARAR MODELLERİ) - (İNGİLİZCE) Dersi Decision Making Under Risk soru cevapları
BUSINESS DECISION MODELS (İŞLETME KARAR MODELLERİ) - (İNGİLİZCE) Dersi Decision Making Under Risk soru detayı:
SORU:
What is the idea of maximum probability criterion?
CEVAP:
In this criterion, the decision maker confronts the various possible states of nature in a decision under risk and; he or she chooses the alternative that is best for the most likely state of nature, rather than calculating in all states of nature. With another saying, it states that the decision maker should ignore all possible events except the one most likely to occur, and should select the best possible result (maximum gain or minimum loss) in the given circumstances.