' making under uncertainty and l'iSK - Elaine wants to open a small shop and has the money to rent a small space in which she is considering selling either an umbrellas, ice creams or a mixture of the two (both). - The profits from each over the next year will depend on the weather, for which 2 possible states are considered Sunny or Rainy. Profits Type of shop SOOO's Ice Cream Umbrellas Both Weather Sunny 60 20 45 State Rainy -15 40 15 Determine which option Elaine will choose under the Q Maximax, Maximin and Minimax Regret assumptions