Question: Equally Likely (Laplace) criterion In the given payoff table find the maximum of the row averages. We do not focus on the row maximums or

Equally Likely (Laplace) criterion In the given payoff table find the maximum of the row averages. We do not focus on the row maximums or minimums. We use all row elements in the calculations. In the payoff table the sum of row payoffs should be always divided by 2 . Work with the given payoff table. Calculate the average payoff for every decision alternative

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