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42. A maximax strategy will always choose the act or alternative that A) maximizes the expected monetary value. B) minimizes the maximum regret or opportunity

42. A maximax strategy will always choose the act or alternative that
A) maximizes the expected monetary value.
B) minimizes the maximum regret or opportunity loss.
C) Maximizes the potential payoff regardless of uncertainty.
D) Guarantees a payoff for any state of nature

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