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ST1005 lorer questions/3530695 Suppose we are interested in investing in one of three investment opportunities: d1, d2, or d3. The following profit payoff table shows

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ST1005 lorer questions/3530695 Suppose we are interested in investing in one of three investment opportunities: d1, d2, or d3. The following profit payoff table shows the profits (in thousands of dollars under each of the 3 possible economic conditions: 51, s2, and s3. Determine the best decision based on the conservative decision making approach. State of Nature Decision s1 s2 s3. d1 -5 28 30 d21917 15 d3 3 | 40 | 6 odpord3 d2 or d1 O O

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