According to the "maximin" rule, you should select the alternative under which the worst that could happen to you is better than the worst that could happen to you under any other alternative.

Question

Quizplus · Accepted Answer

The maximin rule is a decision-making strategy that suggests selecting the alternative that maximizes the minimum possible outcome or, in other words, choosing the option with the best worst-case scenario. Therefore, the statement is true.

According to the "Maximin" Rule, You Should Select the Alternative