- This topic has 1 reply, 2 voices, and was last updated 4 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
To reduce the risk from the investment, the investors may adopt any one of the following approaches because these approaches will determine the probabilities for various possible outcomes.
[Expected value / Perfect information / Decision Tree]
To reduce the uncertainty from the investment the investors may adopt any one of the following approaches because these approaches do not determine the probabilities for various possible outcomes.
[Maximax / Maximin / Minimax]
I have seen in the examkit that the examiner is not distinct about risk and uncertainty and the relevant approaches used in them!!!
Everything seems correct?
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘risk & uncertainty’ is closed to new replies.