Consider the Following Payoff Table

question 8

Multiple Choice

Consider the following payoff table. Based upon these probabilities,a person would select Alternative 2.Suppose there is concern about the accuracy of these probabilities.It can be stated that Alternative 2 will remain the best alternative as long as the probability of A is at least

• A)0.33.
• B)0.50.
• C)0.40.
• D)0.60.
• E)None of the above