Question: From the following table, What is the best decision using the Expected Opportunity Loss. Assuming the a good market has a probability of 0.50 and

From the following table, What is the best
From the following table, What is the best decision using the Expected Opportunity Loss. Assuming the a good market has a probability of 0.50 and the bad market probability is 0.50. * (1 Point) Alternative Small Restaurant Large Restaurant No Restaurant State of nature Good market (9) Bad market (S) 8000 JD -4000 JD 10000 JD -8000 JD O JD O JD No restaurant with 5000 profit To open a large restaurant with 4000 profit To open a small restaurant with 3000 profit To open a small restaurant with 4000 profit

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