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PLEASEEEEEE HELPPPPPPPPP MEEEEEE WITHHHHHH THESEEEEEEE fffThe following is an opponunity oss table. State 01 Nature Mamaiiva A B C Altemaiive-1 0 90 BS Ntemaiive-E 50

PLEASEEEEEE HELPPPPPPPPP MEEEEEE WITHHHHHH THESEEEEEEE

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\f\f\fThe following is an opponunity \\oss table. State 01 Nature Mamaiiva A B C Altemaiive-1 0 90 BS Ntemaiive-E 50 D 110 Altemaiive-S 75 80 O What decision should be made based In the minimax regret criterion? 7' a Aarnativxi 7' b.Aarnativx+2 7' c. Allarnat'ww1 7' d.Does Not Matter 7' e. Stabs of Nature A Immediate Most Activity Optimistic Pessimistic Sigma Variance Predeoasor Ukely A - 2 3 4 0.333 0.111 B 7 2 5 B 1 1 C A 1 2 Q 1.33 1 .78 D A 5 5 5 0 D E B, C E 7' B 0.333 0.111 F B 14 14 1-1 0 0 G D, E 1 5 9 1.333 1.78 H G, F 1 4 B 1.67 1.362 II the normal distribution ware used to nd the probability of finishing [his project in 24 weeks or fewer, what mean and standard deviation wouid he used? -'_\\a. 23.2 and 2.382 -" 1120.833 and 5.144 5'\" c. 20 and 4.222 -':\\d.23.2 and 1.537 -'_\\e. 22.16? and 5.144 The loHowing represents a project wim known activity times. All times are in weeks. Immediate Activity Fred me wear A 4 B 7 3 C A 2 D B 7 E C. D 4 F B 5 G E. F 4 what is the minimum possible lime required forcempleiing the project? 63.18 Chm (7&2 The [allowing is a payoff table giving prots for various situations. State of Nature Alternative A B C Alternative-1 120 140 120 Alternative-2 200 100 5!} Alternatives 130 12B 190 Do Nothing 0 0 0 What decision would an optimist make? C\" a. Do Nothing 7' bi Altarnafweii f\" c. Alternative-1 F' d' Alternative2 f\" e. State of Nature A

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