up your decision analysis. See Exampl_e and CA Starter video in LiveBinder. 1. Identify factors in a decision-making environment a. What is the problem and objective of this decision? b. Identify at least 3 alternatives and 3 states of nature. 2. Interpret decisions made under uncertainty. a. Create a decision table in Excel. b. Identify the potential payoff/ losses for each alternative and state of nature and include in your decision table. c. Choose two decision strategies and determine the best alternative: {Clearly state the best alternative for each strategy.) i. Optimistic ii. Pessimistic iii. Criterion of Realism (Hurwicz) d. Why did you choose the two strategies? What are the results of the best alternative? What is your final decision? 3. Demonstrate college-level communication through the composition of original materials in Standard English. a. After you have contemplated the questions for number 1 and 2, draft your reflective essay. Every piece of writing should have an introduction, body, and conclusion. b. A good way to plan this particular reflective essay is to write an introduction to the essay. c. Next, write at least three body paragraphs and address each of the points listed above. d. End your essay with a conclusion paragraph tying all of your ideas together. e. The essay should be at least five paragraphs in length and a minimum of 350 words. f. Respond to the questions in a thorough manner in parts 1 and 2, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your paper should be highly organized, logical, and focused. g. Your paper must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics. h. Your paper should provide a clearly established and sustained viewpoint and purpose. i. Yourwriting should be well ordered, logical and unified, as well as original and insightful. j. A separate page at the end of your research paper should contain a list of references, in APA format. Use your textbook, the Library, and the internet for research. k. Be sure to include in-text citations and their reference entries on the References page in APA style. Your sources and content should follow proper APA citation style. Review the APA formatting and citation style found in the Writing Center. To access the Writing Center, select this link. (It should include a cover sheet, paper is double spaced, in Times New Roman 12-point X Aoeoeo.+ III ("'5 I