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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 # 1 ( S 1 ) ?State # 2 ( S 2 ) ?State # 3 ( S 3 )
A 1 4 6 5
A 2 7 5 1
A 3 3 4 6
Which decision alternative should be selected under the maxmin criterion?
Group of answer choices
A 2
A 1
A 3
Can t be computed with the given information

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