Question: Consider the following Payoff Table, Table A, with 3 decision alternatives and 3 states of nature with the following payoff table representing profits: States of

Consider the following Payoff Table, Table A, with 3 decision alternatives and 3 states of nature with the following payoff table representing profits: States of Nature S1 S2 S3 D1 4 4 -2 Decisions D2 0 3 -1 D3 1 5 -3 Based on the above Table A, what is the optimal decision if the decision maker was conservative

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