The _____________________ criterion is attractive to those decision makers who exhibit a neutral approach toward decision choices involving risk.
A)Expected utility
B)Expected value
C)Maximin
D)Maximax
E)Decision theory

Question

Quizplus · Accepted Answer

The expected value criterion is used by decision makers who are neutral towards risk, as it calculates the average outcome by considering all possible scenarios and their probabilities.

The _____________________ Criterion Is Attractive to Those Decision Makers Who