Question: 1. Consider the following pavoff matrix. a. Which alternative should be chosen according to Maximax criterion? b. Which alternative should be chosen according to Maximin

1. Consider the following pavoff matrix. a. Which alternative should be

1. Consider the following pavoff matrix. a. Which alternative should be chosen according to Maximax criterion? b. Which alternative should be chosen according to Maximin criterion? c. Which alternative should be chosen according to expected value criterion? d. Which alternative should be chosen according to Minimax Regret criterion

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