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In a two-class, two-action problem if the loss function is 11 = 22 = 0, 12 = 12, and 21 = 5, write the optimal
In a two-class, two-action problem if the loss function is 11 = 22 = 0, 12 = 12, and 21 = 5, write the optimal decision rule. How does the rule change if we add athird action of regret with r = 1?
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