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The following payoff table consists of profits ($'000) a company will earn based on their choice from the alternatives dj, d2, d3, and d4, and
The following payoff table consists of profits ($'000) a company will earn based on their choice from the alternatives dj, d2, d3, and d4, and the resulting state of nature ( $1. 82 83 or 84). 54 -3 20 38 34 33 24 36 9 32 39 30 40 27 28 What is the optimistic decision? |Select an answer v What is the conservative decision? |Select an answer What is the minimax regret decision? |Select an answer Next
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