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The owner of a small business is considering three options: buying a computer, leasing a computer, or getting along without a computer. Based on the
The owner of a small business is considering three options: buying a computer, leasing a computer, or getting along without a computer. Based on the information obtained from the firm s accountant, the following payoff table in terms of net profit ?was developed:
? State of Nature
Alternative State # S ?State # S ?State # S
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Which decision alternative should be selected under the maxmin criterion?
Group of answer choices
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Can t be computed with the given information
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