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How to calculate minimax regret

Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › How to calculate minimax regret

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by essem.
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  • July 28, 2018 at 9:43 am #464870
    sayanib12
    Member
    • Topics: 3
    • Replies: 1
    • ☆

    Hello,

    I was trying to solve problems which had some calculations about minimax regret method.
    I could’nt understand it. It would be great if someone could explain it to me?
    Also is it important?

    Thanks.

    November 9, 2018 at 8:07 pm #484323
    essem
    Member
    • Topics: 14
    • Replies: 73
    • ☆☆

    Being able to do the calcs in p5 is not important. Do not spend more than 10% of your total revision time doing calcs, it is a waste of time

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