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Problem 15-1 The following payoff table shows profit for a decision analysis problem with two decision alternatives and three states of nature: State of Nature Decision Alternative S1 S2 S3 250 100 25 100 100 75 d1 d2 (a) Choose the correct decision tree for this problem Ci) (ii) so Ca "Qi: (iv) Ciii) Select your answer - (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? Optimistic approachSelyour answer- Conservative approach |-Select your answer Minimax regret approach-select your answer Problem 15-1 The following payoff table shows profit for a decision analysis problem with two decision alternatives and three states of nature: State of Nature Decision Alternative S1 S2 S3 250 100 25 100 100 75 d1 d2 (a) Choose the correct decision tree for this problem Ci) (ii) so Ca "Qi: (iv) Ciii) Select your answer - (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? Optimistic approachSelyour answer- Conservative approach |-Select your answer Minimax regret approach-select your