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IS 466 Decision Support Systems

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IS 466 Decision Support Systems 6. The decision maker who is neither optimistic nor pessimistic might use which criterion? a. minimax b. maximin c. maximax d. the principle of insufficient reason 7. Consider the following payoff table in which D1 through D4 represent decisions, S1 through S4 represent states of nature, and the values in the cells represent profits. S1 S2 S3 S4 D1 -20 40 60 100 D2 30 120 60 -50 D3 30 30 40 40 D4 10 -60 80 70 The optimal decision under the maximax criterion is: a. D1 b. D2 c. D3 d. D4 8. Consider the payoff table in problem 7. The optimal decision under the minimax regret criterion is: a. D1 b. D2 c. D3 d. D4 9. Consider the payoff table in problem 7. The optimal decision under the maximin criterion is: a. D1 b. D2 c. D3 d. D4 10. Consider the payoff table in problem 7. The optimal decision under the principle of insufficient reason criterion is: a. D1 b. D2 c. D3 d. D4 Computer Science Assignment Help, Computer Science Homework help, Computer Science Study Help, Computer Science Course Help

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