Using the Table Below, Which Is the Recommended Decision Alternative

question 34

Multiple Choice

Using the Table below, which is the recommended decision alternative using the optimistic approach? ? $$\begin{array}{l}\text { Payoff Table }\\\begin{array} { | c | c | c | } \hline \text { Decision Alternative } & \text { State of Nature 1 } & \text { State of Nature 2 } \\\hline d _ { 1 } & 5 & 7 \\\hline d _ { 2 } & - 4 & 1 \\\hline d _ { 3 } & 1 & - 3 \\\hline d _ { 4 } & 10 & 2 \\\hline d _ { 5 } & 6 & 4 \\\hline\end{array}\end{array}$$

• A)d₁
• B)d₄
• C)d₂
• D)d₅

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Definitions:

Earth's Core

The innermost part of Earth, composed primarily of iron and nickel, divided into the solid inner core and the liquid outer core.

Tectonic Plates

Large pieces of the Earth's crust that move, float, and sometimes fracture and whose interaction causes continental drift, earthquakes, volcanoes, mountains, and oceanic trenches.

Ejecta

Material that is expelled or thrown out, especially as a result of volcanic eruption, meteorite impact, or other explosive events.

Sedimentary

Pertaining to rocks formed by the accumulation or deposition of mineral or organic particles at the Earth's surface, followed by compaction.