while using Hurwicz criterion, the coefficient of realism | Faculties

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Vikash Gupta

🎓 Tutor III ⭐ 33.56K Points

📊 Management Science

Q. while using Hurwicz criterion, the coefficient of realism

(A) represents the degree of optimism
(B) represents the degree of pessimism
(C) is the probability of state of nature
(D) none of the above

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✅ Correct Answer: (A) represents the degree of optimism

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