Consider the Following Decision Table with Rewards in $ Millions

question 31

Multiple Choice

Consider the following decision table with rewards in $ millions. $\begin{array}{r}\text { State of Nature }\\\begin{array}{|c|c|c|c|}\hline \text { Decision Alternatives } & S_{1} & S_{2} & S_{3} \\\hline d_{1} & -1 & 2 & 8 \\\hline d_{2} & -3 & 7 & 5 \\\hline d_{3} & -0.5 & 0.75 & 1 \\\hline d_{4} & 0 & 0 & 0 \\\hline d_{5} & -1 & -1 & -1\\\hline\end{array}\end{array}$
Using the maximin criterion, the appropriate choice would be __________.

• A)d₁
• B)d₂
• C)d₃
• D)d₄
• E)d₅

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Definitions:

FBI Informants

Individuals who, either voluntarily or under coercion, provide confidential information or intelligence to the Federal Bureau of Investigation (FBI) on criminal activities or organizations.

Wilsonian Principles

Ideals associated with President Woodrow Wilson, emphasizing democracy, self-determination, and internationalism, particularly in his "Fourteen Points" speech proposing a framework for post-World War I peace.

Paris Peace Conference

An international meeting held in 1919 after World War I to negotiate peace treaties between the victorious Allies and the defeated Central Powers.

Fourteen Points

A statement of principles for world peace that was used for peace negotiations to end World War I, proposed by President Woodrow Wilson in 1918.