a$)$ In class we discussed $4$ different ways to evaluate alternatives in a decision table. For the table shown below state which option you would pick under each of those criteria. $(4$ marks$)$

$\backslash$table$[[,$Recession,Normal,Boom$],[$Option $1,120,120,500],[$Option $2,150,240,350],[$Option $3,290,230,290],[$Prior Probability,$0\mathrm{.}2,0\mathrm{.}5,0\mathrm{.}3]]$

b$)$ What is the value of perfect information for the table shown above? $(2$ marks$)$

c$)$ If someone chose to go with option l$,$ how would you describe their risk utility curve? $(1$ mark$)$