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2. You are planning to invest in one of four development projects (a-d). For each of the projects, there are four possible futures that have

2. You are planning to invest in one of four development projects (a-d). For each of the projects, there are four possible futures that have a different return on the investment, as shown in the table below.

I just need to see the method of e-g

e) Maximin (8 pts.) f) Maximax (8 pts.) g) Hurwicz criteria, with values of (you may use a figure if you like, but please include calculations): a. 0.25 (4 pts.) b. 0.5 (4 pts.) c. 0.75 (4 pts.)

Probability

0.15

0.2

0.3

0.35

Project

a

-200

0

150

500

b

800

100

-100

200

c

200

100

500

-50

d

200

400

100

100

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