Which of the following is not considered a criteria for decision making under uncertainty?
A)optimistic
B)pessimistic
C)equally likely
D)random selection
E)minimax regret

Question

Quizplus · Accepted Answer

Random selection is not considered a criteria for decision making under uncertainty, as it does not involve any specific approach or method to mitigate risks or account for probabilities. The other options (optimistic, pessimistic, equally likely, and minimax regret) are all commonly used decision-making criteria in uncertain situations.

Which of the Following Is Not Considered a Criteria for Decision