Based on the Following Payoff Table, Answer the Following The Maximin Strategy Is:
A) A

question 47

Multiple Choice

Based on the following payoff table, answer the following:
$$\begin{array} { | l | r | r | r |} \hline { \text { Alternative } } & \text { High } & { \text { Medium } } & { \text { Low } } \\\hline \text { A } & 20 & 20 & 5 \\\hline \mathrm { B } & 25 & 30 & 11 \\\hline \mathrm { C } & 30 & 12 & 13 \\\hline \mathrm { D } & 10 & 12 & 12 \\\hline \mathrm { E } & 50 & 40 & - 28 \\\hline \text { Prior Probability } & 0.3 & 0.2 & 0.5 \\\hline\end{array}$$
The maximin strategy is:

• A) A.
• B) B.
• C) C.
• D) D.
• E) E.

---

Definitions:

Power Query Editor

A tool in Microsoft Excel that allows users to connect, transform, and prepare data for analysis, offering advanced data manipulation capabilities.

Update Links

The process of refreshing or reestablishing the connection between linked documents or data sources to ensure the latest information is displayed.

Power Query Editor

A tool within Microsoft Excel and Power BI for transforming, cleaning, and reshaping data from various sources before analysis.

Document Properties

Metadata associated with a document, including author, title, subject, and creation date, among others.