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The following is a payoff table giving the COST for various situations, Refer to the payoff table what decision should be made based on the

The following is a payoff table giving the COST for various situations, Refer to the payoff table what decision should be made based on the minimax regret criterion?

S1 S2 S3

Probability 0.4 0.35 0.25

Alternative 1 45 37 83

Alternative 2 16 59 72

Alternative 3 23 65 91

Alternative 4 44 33 55

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