Question: For a given event, the payoffs for alternatives 1, 2, and 3 (the only alternatives) are 50, 125, and 50. The regret associated with alternative

For a given event, the payoffs for alternatives 1, 2, and 3 (the only alternatives) are 50, 125, and 50. The regret associated with alternative 1 is:

A. 50

B. none of the alternatives is correct

C. 100

D. 0

E. 75

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