Question: 3 a) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the return under this
3
a) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the return under this decision is $270000. b) Using the decision making under uncertainty with the criterion of Maximin The appropriate decision will be The value of the return under this decision is $
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