Question: correct the problem... Chapter 3 The following is a payoff table giving profits for various situations. States of Nature Alternatives A B C Alternative 1

correct the problem...

Chapter 3 The following is a payoff table giving profits for various situations. States of Nature Alternatives A B C Alternative 1 130 120 180 Alternative 2 160 150 70 Alternative 3 110 140 120 Alternative 4 140 130 110 Create a regret table. What is the value from the regret table for the intersection of Alternative 4 and State of Nature C? ENTER ANSWER AS A WHOLE NUMBER, 0 DECIMAL PLACES

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