Consider the following decision scenario:

$\backslash$table$[[,\backslash$table$[[$State of$],[$Yes$]],\backslash$table$[[$Nature$]]],[$Small$,$$${10}^{**},30],[$Medium$,20,40],[$Med$-$Large,$30,45],[$Large$,40,35],[$Ex$-$Large,$60,20]]$

$*$PV for profits $($ $$000)$

The maximin strategy would be:

Multiple Choice

small.

medium.

med.$-$large.

$$ large.