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minimax criterion |
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minimax criterion [′min·ə‚maks krī‚tir·ē·ən] (statistics) A concept in game theory and decision theory which requires that losses or expected losses associated with a variable that can be controlled be minimized, and thus maximizes the losses or expected losses associated with the variable that cannot be controlled. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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