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2 . A businessman has three alternatives cach of which can be followed by four possible events. The payoff matrix of which is as follows:

2. A businessman has three alternatives cach of which can be followed by four possible events. The payoff matrix of which is as follows:
Payoff Matrix
Events A B
Alternatives
X
Y
Z
80
C
D
-106
-41218-2
146
Determine which alternative should he choose if he adopts
(i) Minimax criterion
(ii) Savage criterion
(ii) Laplace criterion

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