Question

- Adobe Reader
Tools
Sign
Commc
34
/ 48
143%
PROBLEMS
1. The following payoff table shows profit for a decision analysis problem with two decision
alternatives and three states of nature:
st
State of Nature
Decision Alternative
S1
S2
S3
di
d2
250
100
100
100
25
75
a. Construct a decision tree for this problem.
b. If the decision maker knows nothing about the probabilities of the three states of
nature, what is the recommended decision using the optimistic, conservative, and
minimax regret approaches?​

Answer 1

Answer:

so long XD make it short and 1 questions only