Question: Name table [ [ , , , ] , [ , , , ] , [ , States of Nature,States of nature, ] ,

Name
\table[[,,,],[,,,],[,States of Nature,States of nature,],[,Good,poor,],[Decision Alternative,1,1,],[Medium,500,300,],[Small,200,100,],[Do Nothing,0,0,],[Probabilities,0.6,,]]
1.MAKE A decision using the Optimistic approach
2. Make a decision using the MINIMAX REGRET CRRITERION
3. Make a decision using the Laplace criterion
4. What is the decision by the Pessimist
 Name \table[[,,,],[,,,],[,States of Nature,States of nature,],[,Good,poor,],[Decision Alternative,1,1,],[Medium,500,300,],[Small,200,100,],[Do Nothing,0,0,],[Probabilities,0.6,,]] 1.MAKE A decision

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