Question: 6. The Excel model for this question is optional, you can solve this by hand if you so choose. You have been saving some money

6. The Excel model for this question is optional, you can solve this by hand if you so choose. You have been saving some money you want to invest. The COVID-19 pandemic is almost over and you have determined the following payoff utilities for the alternatives and the probable economic condition you face: What is the payoff and decision for the following criteria? Optimistic: Decision Conservative: Decision Equal Likelihood: Decision MiniMax regret: Decision Expected Value: Decision Expected Opportunity Loss: Decision Payoff Payoff Payoff Payoff. Payoff Payoff What is the Expected value of perfect information
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