If she uses the minimax regret criterion, how many new examiners will she decide to hire?
A)one
B)two
C)three
D)either one or two
E)either two or three

Question

Quizplus · Accepted Answer

The minimax regret criterion involves choosing the option that minimizes the maximum regret. By evaluating the potential regrets for hiring different numbers of examiners, hiring two examiners results in the least maximum regret compared to other options.

If She Uses the Minimax Regret Criterion, How Many New