question 1:

Which of the following is true about the coefficient of realism. 0:? 0:: = 0.5 does not imply that the decision maker is equally likely in a 3 outeome situation 0:: = 1 implies that the decision maker is optimistic 0:: = D implies that the decision maker is pessimistic CH1 2 0.5 implies that the decision maker is equally likely in a Zoutcome situation Gall the other options are true We Are Humber Tech Store is considering starting either a small, regular, or large tech store in Etobicoke. Depending on their research findings, they may also decide not to open any store at all. The type of store they open depends on the city's market potential which may be high, medium, or low. The potential profits in each case are shown in the payoff table below (in $'000): High Medium Low Small 455 260 10 Regular 560 170 -110 Large 790 195 -130 None 0 0 0 Given a coefficient of realism of a = 0.3, the realism decision is to Oopen a small store Oopen a regular store Oopen a large store Oopen no store Ochoose high market Ochoose medium market Ochoose low market