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a. what choice should be made by the optimistic decision maker? (b). what choice should be made by the conservative decision makers? (c). what decision
a. what choice should be made by the optimistic decision maker? (b). what choice should be made by the conservative decision makers? (c). what decision should be made under minimal regret? (d). If the probability of d1,d2 and d3 are .2, .5, .3, respectively, then what choice should be made under expected value?
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