Question: Help 39 A manager has compiled estimated profits for various capacity alternatives but is reluctant to assign probabilities to the states of nature. The payoff

Help 39 A manager has compiled estimated profits for various capacity alternatives but is reluctant to assign probabilities to the states of nature. The payoff table is as follows: 57 ints A STATE OF NATURE 22 $ 23 150 118 91 98 alternative Book "Profit in $ thousands b. Is there any alternative that would never be appropriate in terms of maximizing expected profit? References O Alternative A O Alternative B O Alternative None c. For what range of P(2) would alternative A be the best choice if the goal is to maximize expected profit? Choose Alternative Alf 2) is (Click to select) d. For what range of P(1) would alternative A be the best choice if the goal is to maximize expected profit? Choose Alternative A if #1) is (Click to select)

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