Question: Consider the following payoff table that represents the profits earned for each alternative (A, B, and C) under the states of nature S1, S2, and

Consider the following payoff table that represents the profits earned for each alternative (A, B, and C) under the states of nature S1, S2, and S3.

S1S2S3

A $60 $145$120

B $75 $125$110

C $95 $85 $130

Using the maximax criterion, what would be the highest expected payoff

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