Consider the Following Payoff Table,where the Amounts Are in

question 42

Multiple Choice

Consider the following payoff table,where the amounts are in $ millions: If you are using Hurwicz criterion with α = 0.45 (where α is the coefficient of optimism) and decide d₃,then x is ______.

• A)unfeasible;there is no value of x that would make you choose d₃
• B)larger than 4
• C)larger than 6.5
• D)larger than 11.16

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