Instruction 17-3 The Following Payoff Matrix Is Given in Dollars

question 4

Multiple Choice

Instruction 17-3
The following payoff matrix is given in dollars.
Suppose the probability of Event 1 is 0.5 and Event 2 is 0.5.
-Referring to Instruction 17-3,the return to risk ratio (RTRR) for Action B is

• A)9.0.
• B)3.0.
• C)0.167.
• D)6.0.

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