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The Table Shows Both Prospective Profits and Losses for a Company,depending

question 44

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The table shows both prospective profits and losses for a company,depending on what decision is made and what state of nature occurs.Use the information to determine what the company should do.Show your work (regret table).​ The table shows both prospective profits and losses for a company,depending on what decision is made and what state of nature occurs.Use the information to determine what the company should do.Show your work (regret table).​   ​  a.If an optimistic strategy is used. b.If a conservative strategy is used. c.If minimax regret is the strategy.
a.If an optimistic strategy is used.
b.If a conservative strategy is used.
c.If minimax regret is the strategy.


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