Chad Holms has been thinking about starting his own gasoline station. Chad has to decide on the size of the gas station. The annual profit will depend on both the size of the station and a number of marketing factors related to the oil industry and demand for gasoline. After careful analysis, Chad developed the following table. Size of Gas Good Moderate Poor Maximum Minimum Equally Exp. Value Station Market Market Market Likely Small $220,000 $150,000 $90,000 Medium $290,000 $270,000 $110,000 Large $350,000 $180,000 -$160,000 Probability 0.40 0.50 0.10 a- Complete the above table and identify best decisions (choices) under Maximax, Maximin, Equally Likely, Expected value, and Minimax Regret criterion. Maximax Decision: Maximax Profit: Maximin Decision: Maximin Profit: Equally Likely Decision: Equally Likely Profit: Exp. Value Decision: Exp. Value Profit: Minimax Regret Decision: Minimax Regret Value