Question: how do i do this on excel? 1- Two Decision Alternatives and Three States of Nature. The following payoff table shows the profit for a

how do i do this on excel?

1- Two Decision Alternatives and Three States of Nature. The following payoff table shows the profit for a decision analysis problem with two decision alternatives and three states of nature: a. Construct a decision tree for this problem. b. If the decision-maker knows nothing about the probabilities of the three states of nature, what is the recommended decision using the optimistic, conservative, and minimax regret approaches

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