Question: dont use excel. please help!!! 6. You are given the following payoff table for a decision analysis problem. Alternative A A2 A3 Prior probability State

dont use excel. please help!!!

dont use excel. please help!!! 6. You are given

6. You are given the following payoff table for a decision analysis problem. Alternative A A2 A3 Prior probability State of Nature Si S2 50 80 35 50 60 30 0.4 0.35 S3 30 40 50 0.25 According to Maxmin payoff criterion and Baye's decision rule, which alternative should be chosen? (1

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