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Please solve Use the following payoff table to determine the answers to the following question. Assume P(S,) = 0.30, P(S2) = 0.45, and P(Sg) is

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Use the following payoff table to determine the answers to the following question. Assume P(S,) = 0.30, P(S2) = 0.45, and P(Sg) is such that the three probabilities sum to 1. State of Nature Decision S1 S2 S3 Choice 1 $30 $200 $440 Choice 2 $310 $100 $210 Choice 3 $270 $400 $150 For someone applying the maximin strategy, what is the GREATEST amount of money they could make? Your

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