Consider the Following Decision Table with Rewards in $ Millions

question 85

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 Hurwicz criterion with alpha = 0.1, the appropriate choice would be ________.

• A)d₁
• B)d₂
• C)d₃
• D)d₄
• E)d₅

---

Definitions:

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related outcome.

Neuroticism

A personality trait characterized by the tendency toward anxiety, moodiness, worry, and other forms of emotional instability.

Openness

One of the Big Five personality traits, characterized by imagination, creativity, and a willingness to experience new things.

Agreeableness

Agreeableness is a personality trait that signifies how cooperative, warm, and kind an individual is towards others.