Question: Humber Tech is considering starting either a small, regular, or large tech store in Etobicoke. Depending on their research findings, they may also decide


Humber Tech is considering starting either a small, regular, or large tech store in Etobicoke. Depending on their research findings, they may also decide not to open any store at all. The type of store they open depends on the city's market potential which may be high, medium, or low. The potential profits in each case are shown in the payoff table below (in $'000): High Small 180 Regular 340 Large 520 None 0 a) Construct an opportunity loss (regret) table by completing the following table. Small Regular Medium Low 200 10 450 -90 150 -390 0 0 Large High Medium Low D 8 E 10 a) Construct an opportunity loss (regret) table by completing the following table. Small Regular Large None High Medium b)The minimax regret decision is to Select an answer Check Answer Question Help: Video Message instructor Low
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