A decision maker using the maximum decision criterion will:

Question

A. assume that uncertainty can be ignored and will select the option with the highest expected value

B. assume that he/she will regret not having selected another option and will therefore minimize the possible regret under this assumption

C. assume that the worst outcome will occur and will select the option that will give the highest return from the worst outcome possible under each option

D. assume that the best outcome will occur and will select the option that will give the highest return from the best outcome possible under each option

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