Question: Please answer each question. Not just the steps this time. (a) Show a regret table. (b) What decision should be m ade by the optim

Please answer each question. Not just the steps this time. (a) Show

Please answer each question. Not just the steps this time.

(a) Show a regret table. (b) What decision should be m ade by the optim ist? 1 lot 2 lots 3 lots (c) What decision should be made by the conservative? 1 lot 2 lots 3 lots (d) What decision should be m ade using m inim ax regret? 1 lot 2 lots 3 lots

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