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Questions 2-6 are in reference to the following scenario: An investor is considering four different investment opportunities, denoted as A, B, C, or D. The payoff for each investment will depend on the future economic conditions, represented in the payoff table below. Economic Conditions Profits (Smillions) Investments Poor (S1) Average (S2) Good (S3) A B D -4 6 -15 1 10 12 18 14 25 16 35 20 For questions 4-6, assume the P(Poor) = 0.2, P(Average) = 0.5 and P(Good) = 0.3 Question 2 (2 points) Listen Using the conservative (pessimistic) criterion, determine the preferred alternative. Investment A Investment B Investment Investment D MacBook Air Using the Minimax regret criterion, determine the preferred alternative. Investment A Investment B Investment C Investment D Question 4 (2 points) Listen Using the LaPlace (Equal Likelihood) criterion, determine the preferred alternative. Investment A Investment B Investment Investment D MacBook Air Using the expected value approach, the preferred investment alternative would be: Investment A Investment B Investment C Investment D Submit Quiz 2 of 6 questions saved MacBook Air 8 F2 80 3 888 og 19 DI FA @ 2 WS $ 4 % 5 6 & 7 00. 9 W E R T Y U S D G I J K N C V B N M H