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Using the payoff table below, what decision should you make using the Maxi-min approach? S10.10) 52(0.40) 53(0.50) D1 290 326 323 D2 397 244 400

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Using the payoff table below, what decision should you make using the Maxi-min approach? S10.10) 52(0.40) 53(0.50) D1 290 326 323 D2 397 244 400 D3 122 102 311 D4 326 386 301 D5 327 150 262 Given the payoff table below, using the maxi-max approach, what decision alternative should you choose? S1 S2 S3 D1 290 326 323 D2 397 244 400 D3 122 102 311 D4 326 386 301 D5 327 150 262

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