The _____________________ criterion is attractive to those decision-makers who exhibit a neutral approach towards 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 Exhibit