What is the most optimistic of all possible strategies

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Reference no: EM131368789

1. What is the most optimistic of all possible strategies?

A) Minimax

B) Maximax

C) Maximin

D) Minimax regret

2. Which of the following is NOT a component of the decision-making process?

A) Alternatives

B) Payoff

C) States of nature

D) Seasonal indexes

Reference no: EM131368789

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