Question: (a) Show a regret table. (b) What decision should be made by the optimist? 1 lot 2 lots 3 lots (c) What decision should be

(a) Show a regret table. (b) What decision should be made

(a) Show a regret table. (b) What decision should be made by the optimist? 1 lot 2 lots 3 lots (c) What decision should be made by the conservative? 1 lot 2 lots 3 lots (d) What decision should be made using minimax regret? 1 lot 2 lots

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