Which of the following is not a criterion for decision making? a. Maximum likelihood b. Bayes’ decision rule c. Maximax d. Maximin e. EVPI

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.4: Multiple Regression Models
Problem 12P
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Which of the following is not a criterion for decision making?

a. Maximum likelihood

b. Bayes’ decision rule

c. Maximax

d. Maximin

e. EVPI

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