TERMIUM Plus®

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EQUAL LIKELIHOOD CRITERION [1 record]

Record 1 2000-07-19

English

Subject field(s)
  • Management Operations (General)
  • Corporate Management (General)
OBS

A decision criterion under uncertainty stating that because the probabilities of future states of nature are unknown, they should be considered equal. Equal probability is assigned to each possible state of nature and the alternative which maximizes expected value is selected.

French

Domaine(s)
  • Opérations de la gestion (Généralités)
  • Gestion de l'entreprise (Généralités)
OBS

équiprobable : ayant la même probabilité.

Spanish

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