Time 0:36:04 Question 11 Not yet answered Marked out of 1.00 Pizza King and Noble Greek are two competing restaurants. Each must determine simultaneously whether to undertake small, medium, or large advertising campaigns. Pizza King believes that it is equally likely that Noble Greek will undertake a small, a medium, or a large advertising campaign. Given the actions chosen by each restaurant, Pizza King's profits are as shown in the following table. Determine Pizza King's choice of advertising campaign for the maximin criterion. Quiz navigation Noble Greek Chooses Pizza King Chooses Small Medium Large Small $6,000 Medium Large $5,000 $2,000 $5,000 $6,000 $1,000 $9,000 $5,000 $0 O This problem cannot be solved because the probabilities of outcomes are not given Ob Maximin decision is to mount a large advertising campaign O Maximin decision is to mount a small advertising campaign od Maximin decision is to mount a medium advertising campaign Next page