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Question 13 (1 point) Consider the following payoff table: Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 State
Question 13 (1 point) Consider the following payoff table: Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 State of Poor Average 0.21 0.5 36 54 46 34 55 28 31 32 Nature Good 0.3 21 32 30 55 What is the best decision alternative using the Expected Value criterion? O 1 DA1 2) DA2 3) DA3 O 4 DAA
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