Question: Given the following conditional value table: a) Using the decision making under uncertainty with the cnterion of Maximax The appropriate decision wil be The value
Given the following conditional value table: a) Using the decision making under uncertainty with the cnterion of Maximax The appropriate decision wil be The value of the retum under this decition is $350,000. b) Using the decision making under uncertainty with the criterion of Mximin The appropriate decision wal be The value of the return under this decision is 50 . c) Using the decision making under uncertainty with the criterion of Equaly Lively The appropriate decision wall be The value of the rofum under this decision is: (onter your answer as a whole number)
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