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A startup is planning to develop a new product and wants to perform market analysis before developing it. As of part of this analysis, the following table was generated showing the projected revenue in millions of dollars for various levels of demand. [30] What decisions would be made by the company in each of the optimistic, conversative and minmax regret approaches? - If the probabilities for the chance events are known to be as shown in the table below, recommend a decision based on Expected Value approach