TABLE 19-1 The Following Payoff Table Shows Profits Associated with a Set

question 42

Multiple Choice

TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature
-Referring to Table 19-1,if the probability of S1 is 0.2,what is the optimal alternative using EOL?

• A)A1
• B)A2
• C)A3
• D)It cannot be determined.

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