Question
The following payoff table for a maximization problem is available. Decision Alternative State of nature 1 State of nature 2 D1 -2 7 D2 7
The following payoff table for a maximization problem is available.
| Decision Alternative | State of nature 1 | State of nature 2 |
| D1 | -2 | 7 |
| D2 | 7 | 1 |
| D3 | 1 | 10 |
| D4 | 5 | 6 |
| D5 | 11 | 3 |
Which is the recommended decision alternative using the minimax regret approach?
| a. | D1 | |
| b. | D2 | |
| c. | D3 | |
| d. | D4 | |
| e. | D5 |
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Provider Audit In England Evaluating Medical Audit
Authors: James Buttery, Yvette; Walshe, Kieran; Rumsey, Moira; Amess, Moyra; Bennett, Jennifer & Coles
1st Edition
1898845034, 978-1898845034
