1. The following payoff table shows profit for a decision analysis problem with two decision alternatives and three states of nature.

 Decision Alternative State of Nature State_nature_one State_nature_two State_nature_three Decision_one 250 100 25 Decision_two 100 100 75 

Required:

If the decision maker knows nothing about the probabilities of the three states of nature, what is the recommended decision using the optimistic, pessimistic, and minimax regret approaches?