M Inbox (300) - sheldonlewis 1999@ X DO IDEAS C A Company Sells Its Product For + X C ideas.humber.ca/assess2/?cid=4098laid=11569#/skip/12 i Apps Student Profile @ Advisor Login & Inv.. s The Mini Majority ~.. Onlinemessage.. Pearson Sign In Cengage Learning Other bookmarks Reading list . Question 12 0/4 pts 9 3 0 Details The following payoff table consists of profits ($'000) a company will earn based on their choice from the alternatives d1, d2, d3, and d4, and the resulting state of nature ($1, $2, $3, Or $4). d1 -8 25 39 -12 36 29 34 -13 21 22 33 da -5 35 23 24 What is the optimistic decision? Select an answer v What is the conservative decision? Select an answer v What is the minimax regret decision? Select an answer v Check AnswerX M Inbox (300) - sheldonlewis 1999@ x DO IDEAS C If Payoffs Are Profits, The Maximi X C If Payoffs Are Profits, The Maximi X + C ideas.humber.ca/assess2/?cid=409&laid =11569#/skip/14 Ili Apps Student Profile Advisor Login & Inv.. S The Mini Majority ~. Onlinemessage. Pearson Sign In Cengage Learning Other bookmarks Reading list Given the following profit payoff table: $1 $3 d1 80 230 -50 240 440 -260 430 260 -310 da 0 0 0 a) Construct an opportunity loss (regret) table by completing the following table. $1 $2 $3 d d2 d3 d4 b) What is the minimax regret decision?M Inbox (300) - sheldonlewis 1999@ X DO IDEAS C If Payoffs Are Profits, The Maximi X C If Payoffs Are Profits, The Maximi X + X C ideas.humber.ca/assess2/?cid=409&laid =11569#/skip/14 Apps Student Profile @ Advisor Login & Inv... S The Mini Majority ~.. Onlinemessage. Pearson Sign In Cengage Learning Other bookmarks Reading list a4 b) What is the minimax regret decision? Od1 Od2 O d3 O d4 O $1 O $2 O $3 Check