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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
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: s1, s2, and s3. States of Nature Decision S1 S2 S3 d1 18 28 30 d2 19 17 -5 d3 3 40 16 Using the table above, determine the best decision using the Optimistic approach to decision making. Group of answer choices
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