For the Below Payoff Table, If P(S1) = 0

question 54

Multiple Choice

For the below payoff table, if P(S1) = 0.3, P(S2) = 0.5 and P(S3) = 0.2, what decision would you recommend?

• A) Go with Alternative A. It has an expected payoff of $63.
• B) Go with Alternative B. It has an expected payoff of $72.
• C) Go with Alternative C. It has an expected payoff of $63.

---

Definitions:

DSM-III

The third edition of the Diagnostic and Statistical Manual of Mental Disorders, a publication by the American Psychiatric Association that classifies mental disorders using specific criteria.

Dimensional

An approach to diagnosis that examines constructs on a continuum rather than as discrete categorical entities.

Field Trials

Experimental research conducted in real-life situations outside of the laboratory to assess the efficacy of interventions.

Multiaxial Classification

A system used in psychiatry that assesses multiple aspects of a patient's condition across several axes or domains.