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Question 25 The following table gives profits for various decisions. High Demand Medium Demand Low Demand Build Small $33 $9 ($12) Build Medium $60 $45
Question 25 The following table gives profits for various decisions. High Demand Medium Demand Low Demand Build Small $33 $9 ($12) Build Medium $60 $45 $9 Build Large $117 $57 $50 Do Nothing 0 0 0 Round calculations to nearest dollar. What is the maximax value? What is the maximin value? What is the equally likely value? What is the maximax decision? What is the maximin decision? What is the equally likely decision? A. $33 B. Do nothing C. $50 D.$117 E. build medium F. $0 G. $45 H. $75 |. build large J. build small K. $89 1 2 points Save
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