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You are provided with the decision matrix below: Decision (Purchase) States of nature Good economic conditions Poor economic conditions Apartment building N100,000 N60,000 Office building
You are provided with the decision matrix below:
| Decision (Purchase) | States of nature | |
| Good economic conditions | Poor economic conditions | |
| Apartment building | N100,000 | N60,000 |
| Office building | N200,000 | - N80,000 |
| Warehouse | N60,000 | N20,000 |
- Find the optimal act using Maxi-Max criteria
- Find the optimal act using Mini-Max criteria
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Concepts of Database Management
Authors: Philip J. Pratt, Mary Z. Last
8th edition
1285427106, 978-1285427102
