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Following is a payoff table for different types of Investments and the payoffs are in percentages return for the year. for percentage use the whole number, and an example for 20% use 20 instead of 0.20 Decision Expansion Recession A Stock 10% -10% B Stock 20% -15% C Stock 15% -20% 1. What's the best decision for maximax, maximin and minimax regret criterion? (3 answers) (9 points) 2. What is the best decision using Hurwicz criterion if coefficient of optimism is 0.4? 3. For economic forecasting tools/models help to form the Hurwicz coefficient