a$.$ Using the payoff table below, answer the questions that follow

Boom $(0\mathrm{.}6)$ Steady $(0\mathrm{.}3)$ Recession $(0\mathrm{.}1)$

Product A $+8+1-10$

Product B $-2+6+12$

Product C $+160-26$

Using the listed decision criteria, rank the projects;

i$.$ Expected Value $($EV$)$

ii$.$ Maximin

iii. Maximax and

iv$.$ Minimax Regret