I suggest that you watch the lectures again, because I certainly do not use the probabilities when using maximin, maximax, or minimax regret criteria!!!! It would be complete nonsense.
Probabilities are only relevant when calculating expected values.
Author
Posts
Viewing 2 posts - 1 through 2 (of 2 total)
You must be logged in to reply to this topic.
Cookies
We serve cookies. If you think that's ok, just click "Accept all". You can also choose what kind of cookies you want by clicking "Settings". Read our cookie policy