In question 2, rebuild the table by using the minimax criterion and specify the best action and the best points. Is the best action the same as that of question 2?

If yes, is this by chance or is it always true?

Question 2

John faces the following decision problem:

With 5 h of study per day, John estimates that there are three different numbers of points he can get on the midterm: 80 with high confidence, 60 with average confidence, and 50 with low confidence. He also has two other possible actions:
studying 0 h per day and studying 10 h per day. Estimate the points he can get on the midterm in each of the three states: high, average, and low. Try to use the maximin criterion to choose the best action and specify the most points he can get on the midterm.

Transcribed Image Text:

Study hours per day 0 5 10 High confidence 60 80 90 Average confidence 40 60 80 Low confidence 30 50 60