Question: i thought answer was 145 but was incorrect. need help Use this information to answer the following questions. Consider the following payoff table that represents
i thought answer was 145 but was incorrect. need help
Use this information to answer the following questions. Consider the following payoff table that represents the profits earned for each alternative (A, B, and C) under the states of nature 51, 52, and 53. CU A B Si $60 $75 $95 52 $145 $125 $85 $120 $110 5130 Refer to the payoff table. Using the maximin criterion, what would be the highest expected payoff? A $125 by B $145 560 D 585 $75 Lost Soved No w be marked as one
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