Question: 35. Exhibit 15-1. The following payoff table for a maximization problem is available. Decision Alternative State of nature 1 State of nature 2 D1 5

35.

Exhibit 15-1. The following payoff table for a maximization problem is available.

Decision Alternative State of nature 1 State of nature 2
D1 5 9
D2 - 4 6
D3 6 7
D4 10 4
D5 6 -2

Refer to Exhibit 15-1: Which is the recommended decision alternative using the conservative approach?

a.

D2
b.

D3
c.

D4
d.

D5

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