Use the below payoff table with four mortgage options to answer the following question(s).
-Which of the following strategies is also called a minimax regret strategy?
A)conservative strategy
B)opportunity loss strategy
C)average payoff strategy
D)aggressive strategy

Question

Use the below payoff table with four mortgage options to answer the following question(s). 
-Which of the following strategies is also called a minimax regret strategy?
A)conservative strategy 
B)opportunity loss strategy 
C)average payoff strategy 
D)aggressive strategy

Quizplus · Accepted Answer

The Answer is B

Use the Below Payoff Table with Four Mortgage Options to Answer