Please see question in attachment

5. Suppose that a decision maker faced with four decision alternatives and four states of nature develops the following cost payoff table. Decision State of Nature Alternative State_nature_on State_nature_tw State nature thre State nature fou e O e Decision_one 14 9 10 UI Decision_two 11 10 8 7 Decision thre 9 10 10 11 e Decision four 8 10 11 13 If the decision maker knows nothing about the probabilities of the four states of nature, what is the recommended decision using the optimistic, conservative, and minimax regret approaches