Question: Based on the regret table below: Regrettable Decision Alternative Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 State of nature Poor

Based on the regret table below: Regrettable Decision Alternative Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 State of nature Poor Average Good 34 4 0 0 0 34 4 1 39 2 17 23 What is the best decision using the Minimax Regret criterion : 1) DA1 O2) DA2 3) DA3 4) DA4

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