Question
A company financing itself or merging with an engineering firm profit of the R&D department in the next 10 years predicted their values as follows:
A company financing itself or merging with an engineering firm profit of the R&D department in the next 10 years predicted their values as follows: Very successful Succesful Unsuccessful Develop it yourself 250 150 -100 Unte 350 100 -100
The subjective (subjective) possibilities for the success of R&D are 0.4, 0.4, 0.2, respectively. It has been identified. a) Which decision should be taken according to the expected value criterion? b) Which decisions according to Maksimaks, maksimin, Laplace, Hurwicz ( = 0.50) decision criteria should be taken?
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